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Investment Highlights
- Fully operational restaurant and bar with seating for 70+ guests and additional outdoor deck seating.
- Prime corner location with strong visibility near Rt12A and ample on-site parking for over 21 vehicles.
- Elegant architectural details preserved, including curved walls, mantels, crown molding, and winding staircase.
Executive Summary
Rare opportunity to acquire a landmark three-unit mixed-use investment property in the heart of Charlestown’s historic town center. Built in 1823 and thoughtfully restored, the property combines an established restaurant and event venue, a residential rental unit, and a separate commercial/office unit. The operating restaurant and its equipment are included in the sale, creating an excellent opportunity for an investor or owner-operator.
The restaurant and bar accommodate more than 70 guests, plus seasonal outdoor deck seating. The interior features original curved walls, preserved mantels, crown molding, ceiling medallions, exposed post-and-beam construction, wood flooring, and an impressive eastern winding staircase. The main level includes three public restrooms. Upstairs is a private event space with additional dining capacity and its own bar, upgraded in 2020. A full basement and walk-up attic provide substantial storage.
Major improvements include a 50-year asphalt roof, 9-zone radiant heating with supplemental wall heaters, upgraded 225-amp electrical service, and refinished floors, all completed in 2011. Additional upgrades include a Bosch Buderus furnace, tankless hot water system installed in 2023, and professionally installed spray-foam insulation in the walls and attic.
The detached outbuilding, renovated in 2022, contains two additional units. The upper level offers an oversized modern studio apartment, currently rented for $1,100 per month, with a stackable washer and dryer. The lower level is a separate commercial/office unit that offers additional income potential and flexible business, professional, or storage use.
Detailed financials are available upon request and will be provided to qualified parties upon execution of a Non-Disclosure Agreement (NDA).
The restaurant and bar accommodate more than 70 guests, plus seasonal outdoor deck seating. The interior features original curved walls, preserved mantels, crown molding, ceiling medallions, exposed post-and-beam construction, wood flooring, and an impressive eastern winding staircase. The main level includes three public restrooms. Upstairs is a private event space with additional dining capacity and its own bar, upgraded in 2020. A full basement and walk-up attic provide substantial storage.
Major improvements include a 50-year asphalt roof, 9-zone radiant heating with supplemental wall heaters, upgraded 225-amp electrical service, and refinished floors, all completed in 2011. Additional upgrades include a Bosch Buderus furnace, tankless hot water system installed in 2023, and professionally installed spray-foam insulation in the walls and attic.
The detached outbuilding, renovated in 2022, contains two additional units. The upper level offers an oversized modern studio apartment, currently rented for $1,100 per month, with a stackable washer and dryer. The lower level is a separate commercial/office unit that offers additional income potential and flexible business, professional, or storage use.
Detailed financials are available upon request and will be provided to qualified parties upon execution of a Non-Disclosure Agreement (NDA).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,719 SF
Building Class
C
Year Built
1834
Price
$684,000
Price Per SF
$49.86
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
1.04 AC
Amenities
- Signage
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 118 91 0 0 | Improvements Assessment | $326,900 |
| Land Assessment | $43,700 | Total Assessment | $370,600 |
Property Taxes
Parcel Number
118 91 0 0
Land Assessment
$43,700
Improvements Assessment
$326,900
Total Assessment
$370,600
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122 Main St




