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Property profile & analytics
OFF-MARKET
Turn key restaurants

24 Main St Townsend, MA 01469-1357

3,496 SF 1.2 ac lot Built 2013
Individually Owned 14-yr Hold ~ Est. High Equity
Property ID
US38-0790065
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2013
Construction FRAME
Total area 3,496 SF
Lot 1.2 ac (52,272 SF)
Zoning code OCD
APN TOWN M:0041 B:0007 L:0000
UPID US38-0790065
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Patriot Pizza & Subs Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Christos Pappas · 14 yrs held
Christos Pappas
since 2011
7 recorded transactions
2013
Price N/A
2011
$137,000
2011
$1
2011
$215,000
2005
Price N/A
2004
$1
2004
Price N/A
Zoning & alternative use
OCD · Townsend, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Outlying Commercial District (OCD). [Added 1-17-1989 STM by Art. 30] A. Purpose. The Outlying Commercial District is designed to accommodate the widest range of permitted commercial activities. B. OCD permitted uses: (1) All municipal purposes, including the administration of government, fire, and police stations. (2) Educational and religious uses. (3) Sale…

Zone name Outlying Commercial
General category COMMERCIAL
Zone area 138.42 ac
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