Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
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Computer & Electronic Repair
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
COM · Tewksbury, MAZoning
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