For Sale
$460,000

70 Exchange StChicopee, MA 01013

Established Bar & Restaurant, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional opportunity presents the chance to acquire the Red Fez Bar & Grill, a well-established business located at 70 Exchange St, Chicopee, MA 01013. The property, built in 1950, boasts 1,376 square feet situated on a 5,447 square foot lot. Currently operating at 100% occupancy, this single-unit retail establishment is priced at $460,000, or $334.30 per square foot. The property includes seven parking spaces and is zoned for Business A use. The building itself is one of the key assets, offering a turnkey operation for a new owner. The sale includes all existing fixtures and equipment, allowing for immediate operation and revenue generation. This represents a rare chance to own a piece of Chicopee's history and a thriving business with a loyal customer base. The property's prime location in downtown Chicopee ensures high visibility and accessibility. With its established reputation and strong community ties, the Red Fez Bar & Grill offers a unique blend of historical charm and modern business potential. The property's assessed value and tax information are available upon request. This is an owner/user investment opportunity. The property's APN is M:0076 P:00016.

Highlights

  • 1,376 SF retail building on a 5,447 SF lot in Chicopee, MA.
  • Turnkey operation including all fixtures and equipment.
  • Located at 70 Exchange St, Chicopee, MA 01013, with seven parking spaces.
  • Priced at $460,000 ($334.30/SF).
  • Business A zoning.

Property Details for 70 Exchange St

Property type
Retail properties, Restaurants
Square Feet
1,376 SF
Year Built
1950
Buildings
1
Units
1

Location Insight

City
Chicopee
County
Hampden
State
Massachusetts
Latitude
42.145678
Longitude
-72.6126967
70 Exchange St, Chicopee, Massachusetts

FAQs

What type of property is this?
Retail property - Established Bar & Restaurant, Turnkey Opportunity
Where is the retail property located?
The property is located at 70 Exchange St Chicopee, MA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 1,376 SF retail building on a 5,447 SF lot in Chicopee, MA.; Turnkey operation including all fixtures and equipment.; Located at 70 Exchange St, Chicopee, MA 01013, with seven parking spaces.
How can I contact the broker?
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70 Exchange St
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