Restaurant Bldg for Sale in Metrowest Area - Restaurant FOR SALE


Framingham, MA 01701- Metro West
$3,600,000 USD
508-740-0000
Restaurant Bldg for Sale in Metrowest Area, Framingham, MA for Sale
$3,600,000 USD
Restaurant - FOR SALE
1/5
null | 4% Cap Rate

Restaurant Bldg for Sale in Metrowest Area
Framingham, MA 01701
Metro West


OVERVIEW

Approx.. 12,000 SF steel frame building including a full semi-finished full height lower level and mezzanine with bar, used for functions & private parties. The real estate is in excellent condition, fully sprinklered and has over 70 parking spaces. The current tenant pays approx. $12,000/m NNN with a lease renewal coming up at FMV. The operating business owner may consider selling the business and a combined selling price would have to be agreed by both the real estate owner and the business owner who will work together to effectuate a sale. Or purchase the real estate for investment. This building can accommodate many different businesses but was built as a high-end restaurant/ function facility. Monday afternoon showings.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

44,007 SF

ZONING

B

APN/PARCEL ID

FRAM-000102-000003-007914

ASK ABOUT THIS PROPERTY

Marlene AronMetroWest Commercial Real EstateMore Info
508-740-0000

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Marlene AronMetroWest Commercial Real EstateMore Info
508-740-0000

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