Restaurant in Prime, High-Traffic Location - Cambridge
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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.
PARKING: Street/City parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 6 years remaining with two (2) five-year options
BASE RENT: $25,000 per month gross (includes the triple nets)
CONCEPT: Mexican Restaurant & Bar
SIZE: 7,152 sq.ft.; 3,217 sf first floor, 3,935 sq.ft. lower level
SEATS: 163 (max. occupancy of 215)
HOURS: Open daily
LICENSES: Full Liquor License
SALES: Approximately $3,500,000 (and growing)
ASKING PRICE: $1,500,000 (For the Business Assets)
PARKING: Street/City parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 6 years remaining with two (2) five-year options
BASE RENT: $25,000 per month gross (includes the triple nets)
CONCEPT: Mexican Restaurant & Bar
SIZE: 7,152 sq.ft.; 3,217 sf first floor, 3,935 sq.ft. lower level
SEATS: 163 (max. occupancy of 215)
HOURS: Open daily
LICENSES: Full Liquor License
SALES: Approximately $3,500,000 (and growing)
ASKING PRICE: $1,500,000 (For the Business Assets)
About the Business
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2477558
- Listing Views
- 8
Listing ID: 2477558 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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