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181 W State St
Granby, MA 01033

$875,000 USD

Storefront Retail Residential For Sale • 5,200 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 4,315 SF
Lot Size 1.87 AC
Building Class B
Year Built 1900
Tenancy Multiple
Zoning Mixed Use

0 Transit Score

28 Walk Score

Description

181 West State Street in Granby, Massachusetts presents a rare opportunity to acquire a diversified mixed-use investment offering three distinct income streams within a single asset. Offered at $875,000, the property includes a fully operating restaurant (available as a building plus business sale or as a restaurant with lease), a residential rental unit with the potential to generate $2,000 per month (currently occupied by the owners), and a newly converted detached studio-style short-term rental with a full bathroom designed for immediate short-term rental income. This blended income structure provides multiple opportunities for the savvy investor or the owner occupant. This flexible real estate also provides the potential to own a well established farm-to-table breakfast and lunch restaurant while living in the apartment above and generating additional income from the short-term rental. This is a turn-key well established and well respected owner-operated business with plenty of opportunity for growth and expansion. Potential for expansion on the restaurant includes, opening for evening service, opening the ice cream window, expanding the catering offerings to off site catering (currently a pick-up style). The current owners are ready to retire and are willing to remain on site for up to 90 days to assist with the transition. You can either take over and run Something Special Café & Catering with a smooth transition, the restaurant and catering business, with potential to rent out two additional spaces; 3 bedroom apartment and the additional short-term rental, or live in the apartment above the restaurant and rent out the additional building. there is also the potential to purchase the restaurant and lease the space! Located approximately 9 miles from I91, and 7.5 miles to the Ludlow entrance of the MA pike. Within 20 minutes of the local 5 college area. RT 202 is an extremely high traffic area with multiple businesses and restaurants.

                
                    Highlights
                
                                Located on Busy Rt 202 
                            
                                Close to the Five College Area
                            
                                Long Running Well Established Business with positive Google Reviews & Great Reputation
                            
                                Zoned Mixed Use Property
                            
                                Potential to Expand Existing Business
                            
                                Three units for multiple streams of income