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Prime Restaurant Site And Development Opportunity In Boston For Sale

Boston, Massachusetts, US
Asking Price:
$2,500,000 (USD)
Sales Revenue:
$800,000 (USD)
Cash Flow:
$200,000 (USD)

Prime Restaurant Site & Development Opportunity in a Booming Boston neighborhood. This is an ideal real estate play in a rare location. The City of Boston wants to keep the store front and add residential units in on the floors above. The gem has frontage and access on two busy streets with huge development opportunity for almost any Concept. You can add 4 stories by right, but the city will most likely approve 5-7 stories. There is also the possibility of assembly neighboring properties.

Lot size: 7,501 square feet Lot (combination of two lots attached)
Parking: Street parking out and private lot in the rear
Equipment: The equipment is in good condition and has been well maintained.
Concept: Breakfast & Lunch Restaurant
Real estate: Building & Real Estate are valued at $2.55MM and $400,000 for the
business
Seats: 110 seats
Hours: Open daily 530a-130p
Licenses: C.V. (The City may issue a free license from the city at this site.)
Sales: $800,000 per year
Cash flow: $200,000 per year

Asking price: $2,500,000 For the Business and Property

Property Information

Real Estate:

Real Property Included

Contact Corbett Restaurant Group

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