Retail•Restaurant•For Sale

346-352 Main Street, Tewksbury , Massachusetts 01876

Sale Price Market
Zoning IH
Status Existing
Year Built 1988
Year Renovated 2018
Stories 2
Gross Bldg 8,952 SqFt
Land Area .58 Acres
Avail Parking 7/1000SqFt
Market Boston
Sub-Market Lowell/Chelmsford
Opportunity to acquire two neighboring parcels that provide 100'+/- feet of frontage on Tewksbury's busy Main Street. 346-352 Main Street sits on .58 acres and is improved by 2 buildings. 346 Main Street is a 2 story, 6,072 SF retail building and 352 Main Street is a 2,880 SF two-family residence. The first floor of 346 Main Street is currently home to a successful restaurant that has been in business for 10+ years, while the second floor sits vacant. The town approved permits in 2017 for the second floor to be converted into office space. 352 Main Street is a 2,880 SF two-family residence that recently received a complete renovation to the interior. The units are 100% occupied, creating immediate income to the new owner. Located on the busy Route 38 with over 100'+/- of frontage.
  • Two neighboring parcels featuring 100'+/- of frontage
  • High traffic location with 24,000+/- vehicles per day
  • Restaurant features a spacious bar, ample seating and a well maintained kitchen
  • Restaurant can stay in place or vacate for a new user
  • Town approved permits for 2nd floor to be converted into office use
  • 100% occupied two-family residence generating immediate income
  • New plumbing and electrical throughout both properties
5/14/2019 8:23:16 PM 5/22/2019 4:22:11 PM
Jeremy Cyrier, CCIM
Strategic Investment Sales Advisor
Mansard

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