304 Lincoln Ave Saugus, MA 01906-3992
This exceptional restaurant opportunity in Saugus, MA, presents a unique chance to acquire a well-established business in a highly desirable North Shore location. Situated on a 0.04-acre lot at 304 Lincoln Ave, this turnkey establishment boasts a full pour liquor license, ensuring immediate operational readiness. The restaurant comfortably seats 50-60 guests, providing ample space for a diverse clientele. A comprehensive security system is already in place, offering peace of mind and operational efficiency. The current owners are motivated to sell, making this an attractive proposition for serious buyers. The property benefits from exceptional demographics and prime accessibility, contributing to a loyal customer base already established. Attractive lease rates are available, with options for renewal, providing long-term stability and financial predictability. This presents a significant opportunity for growth and expansion, allowing a new owner to implement innovative ideas and branding strategies within a proven, successful framework. The asking price is $250,000, with reasonable offers considered. Don't miss this chance to own a thriving restaurant in one of the North Shore's most coveted towns. Schedule a showing to explore the potential of this remarkable business.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NA · Saugus, MANo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.