Prime Steakhouse Building 15 Franklin St

15 Franklin St , Lenox, Massachusetts, 01240 | 4,800 sq.f | $ 1,999,000

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About This Restaurant

Investment Highlights

Turn-key Restaurant (available for LEASE, as well as for SALE). High visibility. Bonus Building at 17 Franklin St. Center of Town, on 'Restaurant Row'. High Car and Foot Traffic. Minutes from Tanglewood.

Executive Summary

**TURN-KEY RESTAURANT WITH APARTMENTS & ADDITIONAL BUILDING.(see VIDEO & Virtual Tour) Former PRIME STEAKHOUSE RESTAURANT & BAR. Located in the center of historic LENOX, MA. High visibility Restaurant in high-traffic area. High-end Furnishings & Bar, Outdoor Patio Seating and BONUS extra Building (17 Franklin St) for possible Retail or Residential Use. 2 Apartments upstairs. All delivered vacant and ready for use by User/Investor. Price excludes Restaurant Fixtures and Equipment, to be negotiated separately.* See VIDEO and 'Virtual Tour'**Fully equipped Restaurant is available for individual LEASE at $ 5,000/mo.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Conditions    Lease Option Lease Option High Vacancy Property Lease Option
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bar General Retail Storefront General Retail Storefront Retail/Residential Restaurant
  • Building Size    4,800
  • Building Class    C
  • Year Built    1900
  • Price    1,999,000
  • Price Per SF    416
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    1.10
  • Land Acres    0.10 AC

Amenities

  • Restaurant

Property Taxes

Parcel Number LENO-000043-000082 Improvements Assessment $156,400
Land Assessment $455,800 Total Assessment $612,200
Date Created: 2024-07-16 04:16:16 Last Updated: 2024-07-16 04:16:16
Address: 15 Franklin St , Lenox, Massachusetts, 01240