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King Phillip Restaurant & Motel 35 State Rd
12 Room Hotel Phillipston, MA 01331 $1,525,000 ($127,083/Room)
Investment Highlights
- Long established motel & restaurant in Central Massachusetts
- Successful banquet business & loyal customers for restaurant
- Plenty of land to add rooms or expand business
- Stable management and staff will insure continuity
- Great potential to increase revenue with hands on management
- Current owner will consider seller financing for qualified buyers
Executive Summary
Property Facts
Amenities
- Business Center
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Convention Hotel
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Smoke Detector
About 35 State Rd , Phillipston, MA 01331
Twohey’s Tavern is the coziest lounge in the area, and provides a gorgeous fireplace creating a relaxing atmosphere, enhanced with overstuffed chairs and love seats. You can sit back and watch the ball game or be more intimate by the fireplace; the lounge’s size and atmosphere allows both to happen. Stop in for an appetizer and a drink or enjoy burgers and sandwiches. Twohey’s offers a 12-tap selection of beer, as well as several margarita and martini specials that accompany its full bar. The extensive cordial list features many fine cordials and scotches. If you want something lighter, the lounge is a great place to sit back and enjoy a variety of homemade desserts and international coffees. Every Friday and Saturday night the King Phillip offers live entertainment. A great place to meet up with friends and enjoy the night!! The banquet facility can accommodate groups of 10 to 100 for multi-room functions, and features a comfortable lounge for your occasion. There are modern, fully handicapped accessible facilities with an emphasis on comfort. Celebrate your special day in a restaurant setting where the King Phillip’s professional and courteous wait staff will provide for your every need. Allow their professionally trained chefs to prepare a fabulous entrée that will make your event a huge success. The Town of Phillipston is located in Central Massachusetts, about 20 miles west of Fitchburg and is bisected by Route 2. Rural and remote, Phillipston is marked by forests, winding roads and historic stonewalls; it serves as the northern entrance to the Quabbin Reservoir. It’s one village - the historic town center - is comprised of a town common ringed by numerous municipal buildings, a school and 19th century homes. A small number of retail and food outlets are located along busy Route 2A. Easy access to four-lane state highway Route 2, has made Phillipston an attractive and affordable bedroom community for workers along the Route 2 and 495 corridors Don’t miss this unique opportunity to own and operate a successful restaurant and motel at a very attractive price. Opportunities like this in Central Massachusetts don’t come around every day!
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | $104.00 | - |
PROPERTY TAXES
| Parcel Number | PHIL-000033-000000-000046 | Improvements Assessment | $614,200 |
| Land Assessment | $107,900 | Total Assessment | $722,100 |
PROPERTY TAXES
zoning
| Zoning Code | Comm (Commercial) |
| Comm (Commercial) |
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King Phillip Restaurant & Motel | 35 State Rd
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