436 Parker St - Restaurant FOR SALE


Springfield, MA 01129- Boston Road
$5,500,000 USD
781-888-1851
436 Parker St, Springfield, MA for Sale
$5,500,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

436 Parker St
Springfield, MA 01129
Boston Road


HIGHLIGHTS

  • Heavy traffic right now at the Route 20 intersection.

OVERVIEW

(Please do not visit the business without an appointment, as it is still in operation.) This location has been in operation since 2009. The owner is looking to sell and retire. It’s situated in a high-traffic, prime business area. Property Details: 10,020 sq. ft. building on a 2.05-acre lot Seating capacity: 399 Parking: 130 spaces Business Highlights: Ranked #63 on the Franchise Times Top 400+ List Annual Revenue: ~$4,000,000 Net Profit: ~12–15% Asking Price: $5.5 Million (includes Building + Business) Established Brand since 1973 A strong, nationally recognized family buffet brand with loyal customers, high volume, and consistent profitability.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$549 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

B1

APN/PARCEL ID

SPRI-009510-000000-000215

ASK ABOUT THIS PROPERTY

Kyle ChenLPT RealtyMore Info
781-888-1851

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Kyle ChenLPT RealtyMore Info
781-888-1851

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