160 Housatonic St, Lee, MA 01238 (MLS# 235162)

$355,000
160 Housatonic St
Lee, MA 01238
MLS# 235162
Status: Closed
2 baths  |  1646 sqft
Warm and cozy space
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Warm and cozy space Comfortable and spacious layout 160 Housatonic St, Lee, MA 01238 160 Housatonic St, Lee, MA 01238 160 Housatonic St, Lee, MA 01238 Compact and functional kitchen Wash area Beautiful Building Right on Housatonic Street Rear Entrance for Staff and to Apartment Upstairs Handicapped Access Ample Parking Lot Easy Access and Great Visibility

Property Description
ROSES RESTAURANT ON MAIN STREET IN LEE. Owner retiring after being in operation for 18 successful years. Staff would like to stay on. Business and real estate includes approx 1,500 SF restaurant space as well as a second floor 1 bedroom apartment that rents for $750/mo + utilities. Restaurant seats 43. Equipment up-to-date. Excellent traffic count (19,813 AADT). There are several motels nearby; their guests frequent Roses. Currently only serves breakfasts and lunches six days a week. New owner could expand with dinners and liquor license to significantly increase revenues. Financials available to qualified buyers after signing non-disclosure agreement.

Details
Maps
Contract Information
Current Price: $305,000
Status: Closed
List Date: 2021-07-24
List Price: $355,000
Original List Price: 355000
Limited Service: No
Agent Interest: None
BAC: 2.25
BAC Type: %
NAC Type: %
Location, Tax & Legal
Registry: Middle Registry
Street #: 160
Street Name: Housatonic
Street Ext: St
Village: South Lee
State/Province: MA
Postal Code: 01238
Assess Amt: 279900
Assessed Year: 2017
Taxes: 4120
Tax Year: 2017
Page: 285
Map Ref: M:019 B:00 L:0000-0007.0
Concessions: Price
General Property Description
Realtor.COM Type: Commercial
Sq Ft Liv Apx: 1646
Total # Bedrooms: 1
Total Half Baths: 2
Total Bathrooms: 2
Parking Spaces: 20
Parking Spaces Type: Off Street
Year Built Apx: 1930
Year Built Source: Assessor
Yr Blt Description: Renovated Since
Lot Square Footage: 10,890
Acres Apx: 0.25
Lot Size SqFt: 10890
Sq Ft Source: Assessor
Betterment: No
Status Change Info
Status Change Date: 2022-03-23
Under Contract Date: 2021-12-24
Contingent: Yes
Sold Date: 2022-03-22
Sold Price: 305000
Remarks & Misc
Directions: Located at 160 Housatonic Street, Route 20, in Lee.
Marketing/Headline: Opportunity to grow an established restaurant. Owner retiring. Business and real estate available
Curb Cuts
Curb Cuts: 1
Traffic Count
Traffic Count: 19813
Bathrooms
# 1/2 Bath: 2
# Full Bath: 1
Unit 1
SQ Ft: 763
Property Features
Underground Oil Tank: Unk
Water: Public
Sewer: Public
Right to Farm Comm: Yes
Lot Description: Flood Plain
Electric Type: Circuit Breaker
Interior Amenities: Air Cond; Handicap Access
Accessibility: Accessible Approach with Ramp; Handicap Access; Handicap Design; Handrails
Exterior Amenities: Bus-Public
Construction: Wood Frame
Roof: Asphalt; Fiberglass
Basement: Concrete Floor
Features: Equipment; Fixtures; Furniture; Lease in Place; Licenses Transfer; Liquor License; Years at Location
Heat/Cool: Forced Air
Fuel: Nat Gas
Hot Water: Nat Gas
Lead Paint: Unk
Zoning: Business
Unit 1: Lease/No; Vacant/No
Financing: Conventional
Possession: Close Of Escrow

Listing Office: STONE HOUSE PROPERTIES, LLC

Listing Agent: Richard Aldrich

Last Updated: January - 17 - 2024

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Tuesday 7th of May 2024 02:43 PM