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Restaurant Site 251 Hampstead St

4,400 SF Flex Building Methuen, MA 01844 $650,000 ($148/SF)

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Investment Highlights

Self standing building
Ample parking

Licenses to operate a restaurant and bar to convey with sale of property

Executive Summary

Rare opportunity for a Restauranteur or Developer. Building is over 4000 Square feet and situated on over 80,000 Square feet of Land. Sale includes the Real Estate including a Fully equipped Kitchen, Liquor License with Full Bar and trade fixtures. Common Victualler License for over 120 seats. Bring your concept and menu and hit the ground running to complete this turn key space into your own! Alternatively, site could be redeveloped for a Church, School or Daycare.
Kindly reach out for showings and info. DO NOT make inquiries with employees.

Property Facts

Price	$650,000	Rentable Building Area	4,400 SF
Price Per SF	$148	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1900
Property Type	Flex General Retail Restaurant	Tenancy	Single
Building Class	B	Parking Ratio	18.18/1,000 SF
Lot Size	1.84 AC

Price	$650,000
Price Per SF	$148
Sale Type	Investment or Owner User
Property Type	Flex General Retail Restaurant
Building Class	B
Lot Size	1.84 AC
Rentable Building Area	4,400 SF
No. Stories	2
Year Built	1900
Tenancy	Single
Parking Ratio	18.18/1,000 SF

1 of 1

PROPERTY TAXES

Parcel Number	METH-000702-000072-000002A	Improvements Assessment	$260,400
Land Assessment	$382,100	Total Assessment	$642,500

PROPERTY TAXES

Parcel Number

METH-000702-000072-000002A

Land Assessment

$382,100

Improvements Assessment

$260,400

Total Assessment

$642,500

zoning

Zoning Code	RG (Restaurant Site. Zoning may also allow for Daycare, School, House of Worship)
RG (Restaurant Site. Zoning may also allow for Daycare, School, House of Worship)