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Walker's Pub & Real Estate 104 Canal St 2,604 SF Vacant Retail Building Blackstone, MA 01504 $795,000 ($305.30/SF) 18.87% Cap Rate
INVESTMENT HIGHLIGHTS
- Well Established Business
- Well Maintained Real Estate
- Increased Sale Potential
EXECUTIVE SUMMARY
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.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$3,545
|
$1.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,545
|
$1.36
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $3,545 |
| Annual Per SF | $1.36 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $3,545 |
| Annual Per SF | $1.36 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
2,604 SF
Year Built/Renovated
1810/2020
Price
$795,000
Price Per SF
$305.30
Cap Rate
18.87%
NOI
$150,000
Business Value
$200,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.16
Lot Size
0.38 AC
Zoning
C - Commercial
Parking
15 Spaces (5.76 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Restaurant
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Fiber Optic Internet
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Walker's Pub
- -
- 1,644 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Walker's Pub | - | 1,644 SF | - | - |
PROPERTY TAXES
| Parcel Number | BLAC-000008-000000-000063 | Total Assessment | $234,800 |
| Land Assessment | $90,000 | Annual Taxes | $3,545 ($1.36/SF) |
| Improvements Assessment | $144,800 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
BLAC-000008-000000-000063
Land Assessment
$90,000
Improvements Assessment
$144,800
Total Assessment
$234,800
Annual Taxes
$3,545 ($1.36/SF)
Tax Year
2025
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Walker's Pub & Real Estate | 104 Canal St
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