181 State St, Granby, MA 01033

5,000 SF | 100% Leased | Retail Building | Granby, MA 01033 | $980,000 ($196/SF)

Asking Price $980,000

Property Type: Retail, Restaurant
Square Feet: 5,000 SF
Price / Square Foot: $196

Listing Contacts

Elizabeth Salois

Property Info

Property Overview

Well Established Turn-Key Business & Real Estate in a Bustling Area on RT 202 in Granby. This prime location is surrounded by a mix of residential homes and businesses & is less than 20 minutes to highways & the five college area. Currently an established breakfast & lunch destination, this mixed use building offers plenty of opportunity for expanding the existing business as well as living in or renting out the second floor apartment & finished garage space. The potential for increased revenue is endless: expand the current business to offer dinner, utilize the existing ice cream window, offer baked goods, rent out the extra spaces or AirBnb them, expand the current successful pick-up catering business to offer off-site catering again and so much more! This home was renovated with future potential for increased business in mind. The restaurant itself has plenty of cozy seating inside by the fireplace or outside in the fenced in patio. New owners will benefit from the long standing reputation that the current owners created while they enjoy their retirement knowing their dream continues. The owners are looking to retire and hand the keys over. They are also willing to stay on for up to 3 months to help the new owners continue their tradition. The ideal buyer for this property will continue to run the existing restaurant. Restaurant now includes the beer and wine license.

Property Details

Class: B
Year Built/Renovated: 1900/2007
Stories: 3
Property Subtype: Storefront Retail/Residential

Highlights

Located on Busy Rt 202
Close to the Five College Area
Long Running Well Established Business with positive Google Reviews & Great Reputation
Zoned Mixed Use Property
Potential to Expand Existing Business
Additional Income Opportunity with the residential unit and detached heated building

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