Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Turn key restaurants

    1 Princeton St, Jefferson, MA 01522

    4,402 SF 0.48 ac lot Built 1850
    Individually Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US38-1902397
    Property summary
    AI-generated overview

    This turnkey restaurant opportunity in Holden, MA, presents a unique blend of charm and modern convenience. The Harvest Grille, located at 1 Princeton St, boasts 10,653 square feet and sits on a 0.48-acre lot with 60 parking spaces. Built in 1850 and extensively renovated in 2015, the property features a fully equipped kitchen with new walk-in freezer, tables, booths, and epoxy granite flooring. Exterior improvements include updated vinyl siding and gutters, and a newly paved parking lot. The restaurant includes a private function room, perfect for events, and an outdoor patio. A significant advantage is the adjacent 0.48-acre commercially zoned lot across the street, offering substantial expansion potential. The asking price is $925,000, and the property currently enjoys 100% occupancy. This exceptional location at the crossroads of 122A ensures high visibility and accessibility. The property's combination of ample parking, prime location, and expansion possibilities makes it an attractive investment. Note that an adjacent 4,069 square foot residential building (1650 Main Street), previously used as office space, shares the parking lot and may be purchased separately or with the restaurant.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1850
    Construction FRAME
    Total area 4,402 SF
    Lot 0.48 ac (20,979 SF)
    Zoning code C
    APN HOLD M:100 B:47
    UPID US38-1902397
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Timothy|harragin Susan Shaw · 11 yrs held
    Timothy|harragin Susan Shaw
    since 2015
    7 recorded transactions
    2021
    2019
    2018
    2015
    $400,000
    1998
    $265,000
    1996
    $265,000
    1995
    $265,000
    Zoning & alternative use
    C · Jefferson, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message