1 Princeton St, Jefferson, MA 01522
For Sale
1 / 2
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
C · Jefferson, MAJefferson. Always verify with local authorities before improvements.
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.