Pegasus Realty Group
MLS#73551330
STATUSActive
PROPERTY TYPECommercial - Investment
Property Description
Excellent opportunity to acquire a restaurant business in Reading 180,000. Approximately 3,000 SF plus a full basement of similar size. Monthly rent is only $3,400, including real estate taxes. Current monthly gross sales are approximately $60,000. The business has been operating for a relatively short period and offers significant growth potential. The restaurant is equipped with a commercial kitchen hood, and the basement includes a walk-in cooler and a walk-in freezer, providing ample storage for restaurant operations. Approximately 3 years remain on the current lease, with one additional 5-year renewal option. Additional lease terms may be negotiated with the landlord. Confidential sale. Showings by appointment only. Please do not disturb the owner, management, or employees.
Property Features
Property Type: Commercial - Investment
Lot Size: 0.14 Acres
Year Built: 2022
Feature Descriptions
Building Area Total: 3000
Business Type: Restaurant w/out Liquor
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 6
Rental Term: Monthly
Listed By / Shown By
Listed By
Agency Name: Kwan Realty Inc.
Agent Name: Zimo Chen
Agency Phone: 646-384-1343
Shown By
Agent Name: Pegasus Realty Group
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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000 Confidential St | MLS# 73551330
This commercial property located at 000 Confidential St, Reading, MA 01867 is currently listed for sale with an asking price of $180,000. Search Reading real estate on pegasusrealtygroup.masiellogrouprealestate.com today.