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Investment Highlights
- Restaurant AND a Residential Unit!
Executive Summary
Excellent investment opportunity to own a well-established, free-standing bar and restaurant with an additional residential unit. This successful, turnkey property has a long history of operation and a loyal, established customer base. The sale includes all furniture, fixtures, equipment, and business assets, allowing for a seamless transition for the new owner. The residential unit offers additional income potential or owner-occupancy. Conveniently located with easy access and ample on-site parking, this is a rare opportunity for investors or owner-operators looking to expand or launch their business in a proven location. A true neighborhood gathering place where familiar faces return time and time again and everyone knows your name.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,008 SF
Building Class
C
Year Built
1976
Price
$980,000
Price Per SF
$325.80
Tenancy
Single
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.27 AC
Zoning
C
Frontage
217’ on Summer St.
Amenities
- Restaurant
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | LUNE-001150-000050 | Improvements Assessment | $182,100 |
| Land Assessment | $87,300 | Total Assessment | $269,400 |
Property Taxes
Parcel Number
LUNE-001150-000050
Land Assessment
$87,300
Improvements Assessment
$182,100
Total Assessment
$269,400
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113 Summer St
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