Technical
Financial
Distress signals
Property profile

1300 Main St Tewksbury, MA 01876

OFF-MARKET
Turn key restaurants
Property ID
US38-0499923
2,910 SF 0.23 ac lot Built 1936
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use commercial building, located at 1300 Main St in Tewksbury, MA, presents a unique investment opportunity. The property boasts 10,000 square feet on a 10,000 square foot corner lot, offering high visibility and ample parking. The building, constructed in 1937 and extensively renovated since, features a fully equipped and operational restaurant on the first floor. The restaurant includes a bar, a large kitchen with a takeout area, a spacious dining area, and outdoor seating. A valid cordial license is included. The property also benefits from updated bathrooms, electrical systems, two water tanks, a fully functioning sprinkler system, and a grease trap. The second floor provides approximately 5 rooms and 1.5 baths, currently used as office and storage space, along with a full laundry and sink area. A full basement offers additional storage. The property is zoned for mixed use, allowing for a variety of potential uses, subject to town approval. This turnkey operation is situated in a desirable area with convenient access to major highways. The asking price is $799,999.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1936
Construction FRAME
Total area 2,910 SF
Lot 0.23 ac (10,000 SF)
Zoning code COM
APN TEWK M:0060 L:0056 U:0000
UPID US38-0499923

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Computer & Electronic Repair

Location

1300 Main St Tewksbury, MA 01876-2042
Tewksbury metro Census 315401 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2025
$600,000
2018
Price N/A
2003
$340,000
1997
Price N/A

Zoning & alternative use

COM · Tewksbury, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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