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Something Special Cafe & Catering 181 W State St 4,315 SF Retail Building Granby, MA 01033 $875,000 ($202.78/SF)
Investment Highlights
- Located on Busy Rt 202
- Long Running Well Established Business with positive Google Reviews & Great Reputation
- Potential to Expand Existing Business
- Close to the Five College Area
- Zoned Mixed Use Property
- Three units for multiple streams of income
Executive Summary
There is a 4 bedroom, 1,824 sq ft. apartment (two bedrooms are tandem)which occupies the second and third floors of the building with an expansive bonus room occupying the entire third floor of the apartment. The apartment includes a balcony with access from the living with electrical hookup for a hot tub.
The third unit is a separate short-term rental or can be used as a studio apartment. This is a 464 sq ft studio style short-term rental with a full bathroom and separate heat and electrical.
The main building and water is heated via oil fired boiler, baseboards and radiators with a 50 gallon water tank. There are two propane tanks used for the gas stove in the restaurant. Cooling is wall units. Electrical consist of a 200 amp upgraded panel. The building is equipped with hard-wired smoke and CO detectors and the kitchen contains two Ansul suppression systems, and sealed non-slip floors. The restaurant and two bathrooms are ADA compliant. The parking lot was recently resurfaced (end of 2025) and the site includes a large sign (can be repaired to have LED) highly visible from the street.
Property Facts
Amenities
- Corner Lot
- Restaurant
- Signage
- Balcony
About 181 W STATE ST , GRANBY, MA 01033
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.
Property Taxes
| Parcel Number | GRAN-000003-D000000-000001-000008 | Improvements Assessment | $381,900 |
| Land Assessment | $82,200 | Total Assessment | $464,100 |
Property Taxes
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Something Special Cafe & Catering | 181 W State St
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