Restaurant in Prime, High-Traffic Location - Cambridge
New Listing
Discover a rare chance to convert a proven, high-performing restaurant space in the heart of Cambridge, one of Greater Boston’s most vibrant and iconic dining destinations. This dynamic location boasts decades of consistent success, driven by heavy foot traffic, unmatched visibility, and a diverse customer base that includes students, professionals, tourists, and local residents. The restaurant was completely renovated in 2023 at a cost of $3,000,000. The owner is focused on other business ventures. This a great value proposition for the right Operator.
Property Details
- Listing Price
- $1,500,000
- Type
- Full Service
- Concept
- Casual Dining, Mexican
- Sales
- $3,500,000
- Sales (Additional Notes)
- Sales are consistently growing!
- Location
- Cambridge
- Square Footage
- 7,152
- Square Footage (Additional Notes)
- 3,217 sf first floor, 3,935 sq.ft. lower level
- Seating
- 163
- Seating (Additional Notes)
- Max. occupancy: 215
- Parking
- Street
- Base Rent
- $25,000
- Base Rent (Additional Notes)
- Rent Includes NNN
- Lease Terms
- 6 years remaining with two (2) five-year options
- Includes Real Estate
- No
- Liquor License
- Yes
- Licenses
- Full Liquor License
- Hours
- Open Daily
