175 Main St - Restaurant FOR SALE


Webster, MA 01570
$675,000 USD
508-826-6527
175 Main St, Webster, MA for Sale
$675,000 USD
Restaurant - FOR SALE
1/9
null | 8.15% Cap Rate

175 Main St
Webster, MA 01570


HIGHLIGHTS

  • Sale Price: $675,000
  • Building Size: 5,001 SF
  • Income: $55,000 annual NOI
  • Zoning: GB-4
  • Parking: Municipal lot in rear and on-street parking
  • Unit Breakdown: 3,800 SF restaurant | 1,200 SF two bed apartment

OVERVIEW

Kelleher & Sadowsky is pleased to present this fully renovated mixed use property for sale in the heart of downtown Webster. This well-located asset features a beautifully updated two bedroom apartment on the second floor and a 3,800 SF restaurant space on the ground floor. The basement is leased on a tenant-at-will basis for storage, providing additional income. The property generates approximately $55,000 annually in NOI, with the restaurant tenant contributing to the real estate taxes. A brand-new lease was recently signed for the restaurant space, and the tenant is currently underway with their buildout.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,138 SF

ZONING

GB-4 W

APN/PARCEL ID

WEBS-000001-F000000-000011

ASK ABOUT THIS PROPERTY

Mark JohnsKelleher & Sadowsky Associates, Inc.More Info
508-826-6527

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Mark JohnsKelleher & Sadowsky Associates, Inc.More Info
508-826-6527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.