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Property profile & analytics
FOR SALE
Motels

35 State Rd Phillipston, MA 01331

5,000 SF Built 1950
Property ID
US38-0015902
Property summary
AI-generated overview

Don’t miss this outstanding opportunity to acquire a successful turn key restaurant and motel on scenic Route 2 in Phillipston, Massachusetts. The King Phillip Restaurant & Motel is a well-established and profitable business. There is an enormous potential to increase revenue with hands on management and increased marketing efforts. The King Phillip Restaurant & Motel offers 12 modern guestrooms outfitted with wall-to-wall carpet, cable T.V., and air conditioning. There is a mix of queen and double-bedded rooms, and cots are available. All rooms are non-smoking and offer daily maid service. The daily motel rates are affordable and special weekly and monthly rates are also available. The property boasts 5 acres and offers plenty of parking; tractor trailer trucks are always welcome with lots of room for potential development. Located directly adjacent to the Motor Inn is the King Phillip Restaurant, offering traditional American cuisine in a casual setting. The restaurant is known for its creative specialties including chicken, veal, beef and Italian. Guests of the Motor Inn receive preferential reservations for the restaurant. The King Phillip has the coziest lounge in the area offering a 12-tap selection of Microbrews as well as a full bar with Martini and Margarita specials. The Motor Inn is the perfect getaway for anyone…a couple looking for a night away…hunters in this neck of the woods, local wedding guests, construction workers, truck drivers passing through…. whatever your situation, they are more than happy to accommodate you.

Property profile
Verified
Property type Motels
Year built 1950
Total area 5,000 SF
UPID US38-0015902
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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