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Something Special Cafe & Catering 181 W State St

5,200 SF 100% Leased Retail Building Granby, MA 01033 $980,000 ($188/SF)

Investment Highlights

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

Executive Summary

This is a turn-key well established and well respected business with plenty of opportunity for growth and expansion plus the real esate. There are three separate units, the restaurant, the apartment and a converted detached garage which was previously housed a pet grooming business. The current owners are looking to retire and are willing to remain on site for up to 90 days to assist with the transition. The ideal buyer will take over and run Something Special Cafe & Catering, the restaurant and catering business, with potential to rent out two additional spaces, that 4 bedroom apartment and the heated separate building, or live in the apartment above the restaurant and rent out the additional building, however, all potential buyers will be considered. This real estate and business has so much potential for additional income. Within 20 minutes of the local 5 college area and the MA Pike

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,200 SF
Building Class
B
Year Built/Renovated
1900/2007
Price
$980,000
Price Per SF
$188
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.06
Lot Size
1.87 AC
Zoning
Mixed Use - This is a mixed use residential & Commercial Property with three units. Restaurant, Apartment & Office/Retail
Parking
16 Spaces (3.2 Spaces per 1,000 SF Leased)

About 181 W State St , Granby, MA 01033

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.

  • Listing ID: 30896356

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 181 W State St, Granby, MA 01033

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