Property summary
This exceptional opportunity presents a well-established neighborhood bar and grill located at 300 Carew St, Chicopee, MA. Boasting a rich 45-year history, this turnkey business is ready for a new owner. The 2,700 square foot building features a completely renovated kitchen (2021), a recently serviced walk-in cooler (new motor installed 3 months prior to listing), and updated electrical systems. Accessibility is ensured with a dedicated handicap entrance and restrooms. The property includes a valuable liquor license and all contents are included in the sale price of $605,000. Generating consistent revenue, the business benefits from a full lottery and keno license. A popular outdoor patio, permitted for alcohol service until 11 pm, provides additional seating and ambiance. Customers frequently cite the patio as a favorite feature. The interior is equipped with multiple flat-screen TVs and a high-output Bose sound system, both inside and on the patio. Convenient amenities for patrons include an ATM and credit card machines. A dedicated back room offers ample space for private parties and events. The property sits on a 0.24-acre lot and features a nicely updated interior and exterior. This is a rare opportunity to acquire a profitable, established business with significant potential for continued growth.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
102 · Chicopee, MAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 102 in Chicopee, MA.
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