113 Washington St Somerville, MA 02143
- Turn key restaurants
- 460 SF
- 0.02 lot acres
Current Use by Public Records
- Buddy's / Restaurant
Property Details for 113 Washington St
- Year built
- 1930
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.02 lot acres
- Property size
- 460 SF
- Zone code
- RC
- Property type
- Turn key restaurants
- APN
- SOME M:104 B:A L:63
- APU
- SOMEM104BAL63
Description
This unique investment opportunity presents the chance to own Buddy's Diner, a piece of Somerville history. Built in 1929 as a Worcester Lunch Car (WLN No. 624), this vintage diner originally operated in Leominster as Sawin's Diner before relocating to its current Somerville address in the early 1950s. For nearly a century, Buddy's has served the community, building a loyal customer base. Currently closed due to a sewage pipe issue, the diner is being sold "as is," reflecting the seller's strong motivation to find a new owner. The 0.02-acre property boasts a fantastic location, just a two-minute walk from the new East Somerville Green Line extension, ensuring high foot traffic and accessibility. This prime location, combined with the diner's established history and loyal following, presents a rare opportunity for an entrepreneur seeking a one-of-a-kind business venture. The property's rich history and potential for revitalization make it a truly exceptional investment. The asking price is $850,000. This is a chance to acquire a beloved Somerville landmark and capitalize on its considerable potential. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Somerville
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.0869
- Latitude
- 42.3813
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA