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950 Bay St

1,000 SF Retail Building Springfield, MA 01109 $349,500 ($350/SF)

Investment Highlights

  • Established restaurant
  • High traffic area

Executive Summary

Motivated seller bring your offer! Well established diner in a high traffic area for sale for the first time in 30 years. Step back into yesteryear with this updated 50's style diner. Price includes building, equipment, and established business with financials. Owner retiring however willing to work with new owners for transition but will NOT owner finance.

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,000 SF
Building Class
C
Year Built
1965
Price
$349,500
Price Per SF
$350
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.34 AC
Zoning
B2
Parking
20 Spaces (20 Spaces per 1,000 SF Leased)
Frontage
203 FT on Bay Street

Amenities

  • Signage
  • Storage Space

Nearby Major Retailers

Bank of America
TD Bank
Big Y

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SPRI-001085-000000-000113
Land Assessment
$53,200
Improvements Assessment
$117,100
Total Assessment
$170,300
  • Listing ID: 30622075

  • Date on Market: 1/10/2024

  • Last Updated:

  • Address: 950 Bay St, Springfield, MA 01109

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