371 Boston W Rd Monson, MA 01057
- Turn key restaurants
- 4,786 SF
- 0.59 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 371 Boston W Rd
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 0.59 lot acres
- Property size
- 4,786 SF
- Zone code
- GC
- Property type
- Turn key restaurants
- APN
- MONS M:021 B:012
- APU
- MONSM021B012
Description
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
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $250,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $392,000
- AI Estimate
- $310,000
Market price range: $209k - $1.19MMarket price range: $296k - $781k
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Location Insight
- Map
- Local Demand
- City
- Monson
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.371
- Latitude
- 42.1539
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA