214 Huttleston Ave Fairhaven, MA 02719-1958
Property profile & analytics
214 Huttleston Ave Fairhaven, MA 02719-1958
- Turn key restaurants
- 6,185 SF
- 1.33 lot acres
Property ID
US38-1711747
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Frontera Grill Mexican Restaurant / Restaurant
Property Details for 214 Huttleston Ave
- Year built
- 2002
- Construction
- STEEL FRAME
- Lot size
- 1.33 lot acres
- Property size
- 6,185 SF
- Zone code
- RA
- Property type
- Turn key restaurants
- APN
- FAIR M:00030A L:00091 S:
- APU
- FAIRM00030AL00091S
Description
This exceptional investment opportunity presents a fee-simple ownership of a thriving Frontera Grill restaurant located at 214 Huttleston Ave, Fairhaven, MA, in Bristol County. The property boasts 6,185 square feet on a substantial 1.33-acre lot, providing ample parking (76 spaces). Built in 2002, the restaurant operates under a Net Net Net (NNN) lease with 8.9 years remaining until expiration (October 31, 2033), offering significant lease term stability. The current annual net operating income (NOI) is $150,049, representing a 6.67% cap rate based on the asking price of $2,250,000 ($363.78 per square foot). The lease includes attractive 3% annual rent increases, providing a strong hedge against inflation. This high-traffic location, situated at a main intersection, demonstrates exceptional performance, ranking in the 83rd percentile nationally for restaurant performance according to Placer.ai*. Minimal landlord responsibilities further enhance the investment appeal. This is a rare opportunity to acquire a well-established, high-performing restaurant with a long-term lease in a prime location. The property's size and location make it an ideal investment for discerning buyers seeking a stable, high-return asset.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $956,000
Market price range: $487k - $1.29M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fairhaven
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.8805
- Latitude
- 41.6414
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$26,565
$794,000
$652,100
$1,446,100
-
$0.00
$0.00
$0.00
