Price Reduction
Address
430-432 Boston Road, Billerica, MA
Price
$ 1,399,000
Property Attributes
  • MLS#72938117
  • TypeBusiness Op
  • CountyMIDDLESEX
  • CityBillerica
  • Zip01821
  • Style
  • Price$ 1,399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

ENHANCED PRICE...This is an unbelievable value to own 3 buildings and a well established business in the center of a great commuter city not far from Boston. Offered for the first time in 25 years. Dream opportunity to own a thriving ,very well known bar/restaurant plus 2 other buildings. One building houses the Center Cafe and has all equipment necessary for a full service restaurant including a full liquor license which is easily transferrable. .There are two one bedroom apartment above for added income. In addition ,a fully renovated building housing a popular Italian Rest with ongoing lease. The third building is the largest at 6,600 sq feet and has housed a local TV station for the past 25 years. It will be vacant and can be transformed into offices, business or residential use. Building and utilities have been continually updated. There is ample parking. This is a fantastic opportunity to procure property and a business in a progressive city.

Price History
1/31/2022 Listed $2,200,000
4/18/2022 5% - $2,100,000
6/22/2022 5% - $1,999,000
8/16/2022 4% - $1,925,000
1/3/2023 7% - $1,800,000
3/2/2023 6% - $1,699,000
9/5/2023 6% - $1,599,000
10/27/2023 7% - $1,499,000
4/10/2024 7% - $1,399,000

General Features

Zoning GB/Mixed
Year Built 1997
Gross Income 514093
Business Type Other
County Middlesex
Property Type Business Opportunity
Status Active
Directions GPS
City Billerica
Disclosures Seller's agent is related to Seller. Listing is provided as a convenience to the Buyer. Buyer &/or Buyer's agent to verify all information prior to making an offer. All measurements are approximate
Senior Community Y/N No
Lot Size Square Feet 34325
Waterfront Y/N No
Street Name Boston Road
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 01821

Price
AVG $1.4M
$1.4M
Visits
AVG 55
54
Data Provided by Inside Real Estate®
Year Built
AVG 1997
1997

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