371 Boston W Rd, Monson, MA 01057
This exceptional offering presents a unique opportunity to acquire a well-established restaurant and accompanying residential property, ideally situated on Route 20 in Monson, MA. CJ's Restaurant, a local landmark for nearly four decades, enjoys high visibility and traffic counts due to its prime location. The sale includes the entire restaurant business and a four-bedroom, two-bathroom single-family home, both situated on a 1.2-acre lot. The property is zoned for general commercial and highway business use. The restaurant boasts a substantial 99-person seating capacity, catering to a wide range of clientele. Features include ample parking, handicap accessibility, a welcoming reception area, a main dining room, a sunroom dining area perfect for a more intimate setting, a fully functional waitress station, a well-equipped kitchen prep area, a convenient take-out window, a partially completed service bar, and a large banquet room ideal for special events. Extensive storage space and an on-site office add to the property's functionality. The sale includes all existing contents, such as approximately ten-year-old kitchen equipment, dining furniture, and reception area furnishings. The restaurant currently holds a liquor license valid until December 31, 2024. Both the restaurant and the residential home share a septic system and an artesian well. This is an estate sale
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
Property description
Physical attributes from public recordsZoning & alternative use
GC · Monson, MAMonson. Always verify with local authorities before improvements.
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.