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You are here:
Home Massachusetts Peabody Businesses for Sale

150 Main St Peabody, MA 01960

112 Days on Boston Pads
17 Photos
$400,000
Type: Restaurant w/Liquor
Org Type: N/A
4400 Bldg. SQFT
Restrooms: N/A
150 Main St
Peabody, MA 01960

Property Description

This distinguished restaurant, boasting a liquor license, is strategically situated in a vibrant strip plaza on Main Street, nestled in the bustling downtown vicinity surrounded by offices, schools, churches, and residential areas. Spanning approximately 4,400 square feet, the establishment accommodates 42 seats and holds a Common Victualler License. The monthly rent, inclusive of taxes, amounts to $4,200. The asking price for this well-appointed venture is $400,000. It is a great opportunity to open your luxury restaurant without having to go through all the construction and finishing processes. It is good for the franchise restaurants.

Property Overview

Property Details click or tap to expand

Business Information

  • Special Licanses: Yes
  • Documents on File: Appraisal, Lease Agreement

Financial Information

  • Tenant Expenses: Electric, Heat, Insurance, Sewer, Snow Removal, Taxes, Trash Service, Water

Building & Lot Information

  • Zoning: Legal Conforming
  • Building Construction: Masonry
  • Utilities: Natural Gas, Public Sewer, Public Water
  • Last Updated: 04/23/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/23/2024Active$400,000$91MLSPIN
04/19/2024Extended$400,000$91MLSPIN
01/17/2024Active$400,000$91MLSPIN
01/13/2024New$400,000$91MLSPIN
01/01/2023Expired$3,250MLSPIN
10/09/2022Active$3,250MLSPIN
10/05/2022New$3,250MLSPIN

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Seller's Representative: Sam Takla, Coldwell Banker Realty - Framingham
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-04-23 03:05:00