Realmo Analytics
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Property summary
This exceptional offering presents a rare chance to acquire the renowned Red Fez Bar and Grill, a beloved Chicopee institution since 1985. Located in the heart of Downtown Chicopee, this well-established business boasts a prime location and a loyal customer base, ensuring immediate returns on investment. The property itself sits on a 0.13-acre lot at 70 Exchange Street. The sale includes both the real estate and the thriving business, offering a complete turnkey operation. The Red Fez is… known for its welcoming atmosphere, delicious food, and rich history within the Chicopee community, making it a cherished local landmark. This presents a unique opportunity for an entrepreneur to step into an already successful business with significant potential for future growth and expansion. The established reputation and loyal clientele provide a solid foundation for continued success. This is a truly exceptional opportunity to own a piece of Chicopee history and build upon the legacy of a well-loved establishment. The property's central location offers excellent visibility and accessibility, further enhancing its appeal and potential for profitability. This is a rare chance to acquire a turnkey business with a proven track record in a desirable location. The asking price for this unique opportunity is $460,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,376 SF
- Lot area
- 0.13 ac
- Year built
- 1950
- Stories
- 1
- APN
- CHIC M:0076 P:00016
- Zoning
- 101
- Assessed value · 2024
- $190,600
- Annual tax · 2024
- $6,057
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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