Property profile

303 Main St North Reading, MA 01864

OFF-MARKET
Turn key restaurants
Property ID
US38-1221658
14,490 SF 3.2 ac lot
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 14,490 SF
Lot 3.2 ac (139,392 SF)
Zoning code HB
APN NREA M:012.0 B:0000 L:0129.0
UPID US38-1221658

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Bar & Pub Restaurant
  • Gym & Fitness Center

Location

303 Main St North Reading, MA 01864-1326
North Reading metro Census 330201 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$50k

Owner & transaction history

since 2025
Last sale
$50,000
7 recorded transactions
2025
$3.2M
2024
$50,000
2022
Price N/A
2017
$2.9M
2013
Price N/A
2010
$1
2010
Price N/A

Zoning & alternative use

HB · North Reading, MA
Zoning description

Highway Business (HB) District. § 200-40 Industrial/Office (I/O-1) District. § 200-32 Applicability. Except as otherwise provided in this Zoning Bylaw, no building, structure or land shall be used for a purpose other tha…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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