Farrelly Realty Group

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36 Park StreetAndover, MA 01810Price: $230,000

  • Price: $230,000
  • 1052 Days on Market
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Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
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  • $230,000List Price
  • 1993Year Built

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Profitable owner operated restaurant, located in the middle of down town Andover. 24 years in business, owner retiring. The restaurant was completely renovated about 7 years ago. About 30 parking spaces shared by 4 tenants in a small strip mall. Base rent is $3800/month. Tenants pays insurance, trash and real estate tax (totals about $1200/month) and 30% of common area maintenance. Lots of potential for new owner.
Listed by Sung Yip of EW Realty

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