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$ 875,000
Est. payment | /mo
7,715 SqFt
$ 875,000
Est. payment | /mo
7,715 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,715 sqft
Price per Sqft $113
MLS Listing ID 73299862
HOA Y/N false
Year Built 1900
Annual Tax Amount $22,966
Tax Year 2024
Lot Size 1.810 Acres
Acres 1.81
Property Description
A rare opportunity to own the Iconic Federal Restaurant in Agawam, MA situated on 1.81 Acres. This renowned establishment offers not only a thriving restaurant business but also the chance to acquire a historic, well maintained building with approximately 7,715 sqft of optima space. Featuring a blend of classic charm & modern amenities, set on a prime lot with more than ample parking and a coveted location provides excellent visibility & accessibility. For investors or developers, there’s significant redevelopment potential, including an ANR lot that opens up possibilities for future expansion or additional projects. Whether continuing its legacy as a beloved restaurant of fine dining or reimagining the building, its space & land the options are endless. This is a unique investment for a landmark property that has been a staple in the community and the region for decades. This is a chance to own a piece of Agawam's history with various & numerous opportunities that is now presented!
Location
State MA
County Hampden
Zoning RA1
Direction Off of Federal Street (The Federal)
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Total Parking Spaces 30
Others
Senior Community false
Listed by Kelley & Katzer Real Estate, LLC
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Nichole Willey
PSA, SRS, SRES, Realtor®️ | Rain Maker | Broker Associate | Partner | Principal | Lic# 9554165