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1376-1378 Main St

1,000 SF Retail Building Palmer, MA 01069 $559,287 CAD ($559 CAD/SF)

Investment Highlights

  • Area hotspot large following where diners will wait to eat.
  • The kitchen was newly renovated in 2024 with several upgrades and the entire building in good shape.
  • Located in the center of town with plenty of on street parking with no meters.

Executive Summary

Very Successful Breakfast and Lunch Restaurant in Prime downtown location. This has been the talk of the town for the past seven years. A favorite local gathering destination as well as many from far beyond the town. A newly renovated kitchen (2024) with a new hood and an ansul system will make an easy transition for the next owners. Seating for over 50+ and additional seasonal outside dining options. This is a Diamond in the rough when it comes to finding the right business.
The dishwasher and coffee maker are leased and not part of the sale. Also, the Betty Boop statue is not part of the sale.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,000 SF
Building Class
C
Year Built/Renovated
1949/2024
Price
$559,287 CAD
Price Per SF
$559 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.06 AC
Zoning
Commercial - VC1
Parking
2 Spaces (0.82 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant

About 1376-1378 Main St , Palmer, MA 01069

The property has been a breakfast + lunch restaurant for decades.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PALM-000058-000000-000009
Land Assessment
$107,699 CAD
Improvements Assessment
$83,319 CAD
Total Assessment
$191,018 CAD
  • Listing ID: 32896947

  • Date on Market: 2024-08-20

  • Last Updated:

  • Address: 1376-1378 Main St, Palmer, MA 01069

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