123 Restaurant St Newburyport, MA 01950
This exceptional Class A, 1,720 sq ft QSR/Fast Food restaurant is located at 123 Restaurant St, Newburyport, MA 01950, in the heart of historic downtown. Built in 1921 and renovated in 2018, this single-story building boasts 100% occupancy and sits on a single unit with B3 zoning. The property features a strong history, loyal clientele, and significant growth potential. The asking price of $875,000 reflects a $775,000 real estate valuation and $100,000 for the business and fixtures, fittings, and equipment (FFE). Detailed financial information and location specifics are available upon execution of a confidentiality agreement and demonstration of financial capacity to purchase. This turnkey opportunity presents a rare chance to acquire a well-established food business in a high-traffic area. The property's 1720 square feet of net rentable space provides ample room for expansion and innovation. The business operates with easy hours, contributing to its profitability. This is not your average restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.