123 Main St, Ware, MA 01082-1349
This exceptional commercial property at 123 Main St, Ware, MA, presents a unique investment opportunity. The building boasts a prime downtown location and a rich history as a well-established pizza shop operating for over 25 years. The main floor encompasses a fully equipped restaurant with seating for 24 guests and two fully functional bars. Three 5-ton air conditioning units ensure climate control throughout the space. A substantial walk-in cooler and freezer, measuring 18' x 22', provides ample storage for food and beverage inventory. The basement offers versatile space, currently configured as a music studio, along with additional bathrooms and extensive storage areas. Multiple rental options are available to suit various business needs. The entire first floor, including the restaurant, bars, and basement, is available for $5200 per month plus utilities. Alternatively, approximately 2200 square feet of the first floor (right side of the bar area) can be leased for $3500 per month plus utilities. A third option involves leasing only the restaurant space and the basement for $1800 per month plus utilities. The 0.24-acre lot provides convenient access and visibility. This property is ideal for an established business seeking expansion or a new venture looking for a turnkey operation in a thriving downtown area. The existing infrastructure and equipment offer significant cost savings and immediate operational capabilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
DTC · Ware, MAWare. 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.