New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,990,000
Turn key restaurants
39 Main St, Waltham, MA 02453-6905
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-0788916
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Construction
FRAME
Total area
6,257 SF
Lot
0.72 ac (31,294 SF)
APN
WALT M:063 B:016 L:0014
UPID
US38-0788916
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
-
John Brewer's Tavern Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.99M
Owner & transaction history
Wjbc Realty LLC · 1 yrs held
Wjbc Realty LLC
since 2025
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waltham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waltham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,880,000
ML approach
$3,890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.99M
Range $3.59M – $4.39M · ±10% · vs last sale $4.10M (Oct 15 2021)
Last sale anchor
$4.10M
Oct 15 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$638 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$39,991
Tax year 2024
Assessed value
$1,931,000
Assessed 2024
Previous assessed
$1,931,000
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$933,900
Assessed improvement
$997,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Bathrooms
3
Total area
6,257 SF
Lot
0.72 ac (31,294 SF)
APN
WALT M:063 B:016 L:0014
UPID
US38-0788916
Jurisdiction
WALTHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
3
Lot
0.72 ac
Current owner
From public records · entity-resolved
Wjbc Realty LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10 CONVERSE PL STE #301, WINCHESTER, MA 01890-2713
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2025
—
Wjbc Realty LLC
Waltham City Of
Deed
related
—
Oct 15, 2021
$4,100,000
Wjbc Realty LLC
39 Main LLC
Quit Claim Arm's Length For Ne States
—
Jul 15, 2021
—
Wbk Tic LLC
39 Main LLC
Quit Claim Deed
related
—
Apr 4, 1996
—
39 Main LLC
—
Deed Of Trust
related
$93,000 · Zwi Kohorn
Feb 19, 1992
—
Harvard RT
—
Deed Of Trust
related
$50,000 · Guaranty First Tr Co
Oct 17, 1988
—
Harvard RT
—
Deed Of Trust
related
$2,535,000 · Guaranty First Tr Co
Sep 17, 1987
—
Harvard RT
—
Deed Of Trust
related
$60,000 · Guaranty First Tr Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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