63 Springfield St Agawam, MA 01001
- Super regional malls
- 62,363 SF
- 6.99 lot acres
Current Use by Public Records
- The Still Bar & Grill / American Restaurant / Bar
Property Details for 63 Springfield St
- Year built
- 1952
- Construction
- STEEL FRAME
- Lot size
- 6.99 lot acres
- Property size
- 62,363 SF
- Zone code
- BA
- Property type
- Super regional malls
- APN
- AGAW M:0J15 B:0001 L:1
- APU
- AGAWM0J15B0001L1
Description
This exceptional turnkey restaurant and bar opportunity in Agawam, MA, boasts impressive annual sales averaging $3,000,000. The establishment, located at 63 Springfield St, features a stunning custom-built interior with a 52-seat live-edge wood bar, 29 additional live-edge wood tables, and 24 TVs. A spacious private banquet room accommodates 115 guests, complete with its own bar, sound system, and draft lines. The high-volume commercial kitchen is fully equipped with a hood system, Ansul fire suppression, walk-in freezer and refrigerator, and all necessary commercial appliances and prep areas. Ample storage is available with four closets, a secure liquor storage room, and an attached trailer. The upstairs office houses telecommunications equipment, security cameras, and computers. The total seating capacity is 410. The owner's initial investment for build-out, including all equipment and furnishings, was $700,000. Lease terms are transferable. Seller financing is available. This is a rare opportunity to acquire a thriving, established business with significant potential for growth. The property is being offered at $300,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Agawam
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6312
- Latitude
- 42.0889
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
