$1,750,000
8
Beds
3/6
Baths
10,084
Living Area
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Property Description
An exceptional mixed use property is now available in the heart of Norwood. Offering a rare opportunity to own a well established family owned restaurant with a loyal customer base and strong community presence. Situated on a generous three parcel,14,478 sf lot, this 2.5 story,10,000 sf building, with full basement, garage and on-site parking facilities, this property combines commercial and residential functionality at its best. Above the well equipped restaurant, bar and function spaces are three sizeable residential apartments, providing an additional and further flow of income. Conveniently located in a high foot traffic area and just steps from public transportation, Rte 1 South, Rte 495, shops and local amenities. If you’re looking to invest in or expand a restaurant portfolio, further develop this location or simply introduce a new fresh perspective, then this property will present a unique, invaluable and proven opportunity with a strong upside potential. WON’T LAST
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Highlights
- Heating: Baseboard
- Parking Spots: 16
- Property Type: 4 Family
- Total Rooms: 27
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1920
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Interior Features: Living Room, Dining Room, Kitchen
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Mixed Use
- Basement: Full
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
- Parking Features: Paved Drive, Off Street, Deeded
- Covered Parking Spaces: 2
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,033,000
- Tax Year: 2025
- Total Rent: $6,500
- Rental Fee Includes: Unit 2(Heat, Gas, Water, Hot Water), Unit 3(Heat, Gas, Water, Hot Water), Unit 4(Heat, Gas, Water, Hot Water)
- Taxes: $10,867
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Listing information provided courtesy of Bonus Thopurathu.
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