000 Newbury

    Boston, MA 02116
    • $74,900
    • STATUS: Active
    • MLS #: 72492971
    Price Reduced
    UPDATED: 4 min ago
    $74,900
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    2016
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Dariusz Zywina of Red Spade Realty Llc.

    Description

    An exclusive opportunity to own a restaurant with high visibility on the coveted Newbury St. Currently operating as a Sushi restaurant, this location is ideal for any concept that does not require a hood (although a hood can be installed if needed). Its an easy to manage space that will be busy year round. The restaurant itself features 27 seats inside and 16 seats on its street level outdoor patio. Particularly appealing are the small upfront costs; the beer/wine license is currently rented from the landlord at a rate of $6,800/yr and does not require a purchase or a license transfer from the city. This can be a seamless transition. Low overhead and competitive lease terms of approx. $13,000 NNN/month make this an extremely desirable opportunity to own a restaurant in the highest traffic area of Boston. Landlord is open to negotiating a lease extension. FFE of $50,000 (estimated). Beer/Wine license leased. Buyer to do own diligence.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-07-18T09:48:24.333.
    www.spectrumrec.com/homes/94339995

    000 Newbury Boston, MA 02116

    • Price: $74,900
    • Status: Active
    • Updated: 4 min ago
    • MLS #: 72492971
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2016
    Built
    Neighborhood:
    Other
    County:
    Suffolk
    Area:
    Other
    Property Description
    An exclusive opportunity to own a restaurant with high visibility on the coveted Newbury St. Currently operating as a Sushi restaurant, this location is ideal for any concept that does not require a hood (although a hood can be installed if needed). Its an easy to manage space that will be busy year round. The restaurant itself features 27 seats inside and 16 seats on its street level outdoor patio. Particularly appealing are the small upfront costs; the beer/wine license is currently rented from the landlord at a rate of $6,800/yr and does not require a purchase or a license transfer from the city. This can be a seamless transition. Low overhead and competitive lease terms of approx. $13,000 NNN/month make this an extremely desirable opportunity to own a restaurant in the highest traffic area of Boston. Landlord is open to negotiating a lease extension. FFE of $50,000 (estimated). Beer/Wine license leased. Buyer to do own diligence.
    Exterior Features

    Location DowntownStripHistoricPublic TransportationNeighborhood Parking Spaces 0

    Interior Features

    Basement No Elevator No Restrooms 2 Total Building Sq Ft 2000.00

    Property Features

    Business Opportunity Type Restaurant W/Out Liquor Disclosure Yes Disclosures Ffe Estimated. Beer/Wine License Leased. Buyer To Do Own Diligence. Equipment List Available Yes Exclusions Liquor License Gross Annual Income 620000.00 Inventory Available No Owner Training No Real Estate Included No Reason For Sale Retirement Special Financing No Special Licenses No Zoning B

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Dariusz Zywina of Red Spade Realty Llc.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-07-18T09:48:24.333.
     
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    Listing courtesy of Dariusz Zywina of Red Spade Realty Llc.