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104 Canal St
Blackstone, MA 01504

$795,000 USD

Bar For Sale  •  2,604 SF

Property Details

  • Property Type Bar
  • Total Building Size 2,604 SF
  • Lot Size 0.38 AC
  • Year Built 1810
  • Cap Rate 18.87 %
  • Tenancy Multiple
  • Zoning C
0 Transit Score
48 Walk Score

Description

Business, Real Estate & Inventory included. Being offered for sale for the first time in almost 40 years this is a very rare opportunity to purchase a well-run locally owned & operated business and nicely maintained real estate. The real estate features a mixed use building with Walker's Pub on the 1st floor, a 2 bed apartment on the 2nd floor and a 1 bed apartment on the third floor. Set on a flat lot with ample parking and spacious greenspace. The real estate also offers separate gas & electric utilities for all units, young roof, recent interior updates, public water/sewer & more. The business, Walker's Pub, has been a staple for almost 40 years and offers a full liquor license, full food license, great client base and the potential for increased sales if desired. Seller financing possible & seller willing to transition buyer with the business operations. Please do not visit business without a scheduled showing. Pride of Ownership.

Highlights

Well Established Business
Increased Sale Potential
Well Maintained Real Estate

Property Flyers

Financial Summary

Cap Rate: 18.87 %

Major Tenants

Tenant SF Occupied Lease End Date
Walker's Pub 1,644 SF

Amenities

  • 24 Hour Access
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet

Public Transportation

AirportDriveWalkDistance
Rhode Island Tf Green International 39 min - 26.1 mi
Worcester Regional 45 min - 30.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Michael Russo 401-465-0417 RI Real Estate Services
Michael Russo 401-465-0417 RI Real Estate Services