Rare Opportunity – Prime Restaurant Location on Route 38! Tewksbury’s previous beloved Deli King, a well-established restaurant with over 34 years of loyal patronage, is now available once again! This stand-alone building offers 200 seats in the main dining area plus an additional 30-seat function room with its own bar, perfect for private events. Located in an ultra-high-traffic area, this fully equipped, turn-key business includes a full liquor license, spacious kitchen, walk-in cooler, and ample on-site common parking. Part of a condo association, the sale includes the real estate and business assets (not the land), and transfer of all business operating licenses, including liquor license. A small monthly condo fee covers landscaping and snow removal. Plenty of opportunity to continue the current successful concept, or create your own! The building can also be redeveloped for another use—buyer to conduct due diligence. Don’t miss this rare chance to own a prime commercial property!
885 Main Street, Tewksbury, MA, 01876
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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