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Property profile & analytics

300 Carew St Chicopee, MA 01020

  • Turn key restaurants
  • 2,006 SF
  • 0.24 lot acres
Value Estimation
Last Sale
Nov 21, 2022
$305,000
Location Intelligence
Property ID
US38-0775285
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.

Current Use by Public Records

  • Atlas Pub / Bar

Property Details for 300 Carew St

Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.24 lot acres
Property size
2,006 SF
Zone code
102
Property type
Turn key restaurants
APN
CHIC M:0072 P:00055
APU
CHICM0072P00055

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $325,000
  • CAP approach

    CAP return
    Estimation
    6%
    $225,000
    6.5%
    $215,000
    7%
    $235,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $245,000
    Geo Method
    $225,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $205,000
    Retail
    $230,000
    Mixed-Use
    $205,000
    Hospitality
    $250,000
    Educational
    $255,000
    Residential Income
    $220,000
    Energy
    $260,000
    Income-Based Land
    $220,000
    Food Service
    $260,000

Location Insight

  • Map
  • Local Demand
City
Chicopee
County
Hampden
State
Massachusetts
Longitude
-72.5647
Latitude
42.1486
CBSA code
44140
CBSA name
SPRINGFIELD, 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
$8,870
$123,400
$155,700
$279,100
-
$0.00
$0.00
$0.00
More about this property
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