Package Deal | Restaurant and commercial condo $899,900

 

ONCE IN A LIFETIME INVESTMENT OPPORTUNITY! Established business and commercial condo for sale as a package, awaiting for a new owner to continue being a part of and provide a service to a vibrant Chelsea neighborhood. Much loved and well known in Chelsea, Winnismmet Lounge is located in a building that has been constructed in 2019. Staying consistent with the neighborhood, this building has a classic red brick curb appeal with a beautiful glass storefront and it is kept in a superb condition. The restaurant has been featured in Boston Magazine and Phantom Gourmet for its excellent food, service and authenticity.  The site is located in a dynamic waterfront neighborhood in downtown Chelsea, right outside Boston and the Logan airport. The restaurant has a 150 person capacity and is set up for functions and different private dining options, and has a very strong dinner and after work crowd. Total of approximately 4,878 sq. ft. of space has been intended for mixed use. The first floor is designated for the restaurant, with a distinctive bar area, two separate, unique dining rooms, and an exceptionally maintained kitchen set up with the top of the line food service equipment. A dramatic Wine Cellar room is located in the basement with it’s private bar area that can accommodate up to 45 guests for a seated dinner. In addition to the secluded dining area, the basement has a convenient layout and a designated storage and office space, with an elevator for handicap accessibility. This impeccable facility is turn-key ready and a great conversion opportunity for almost any concept.

 

All equipment, furnishings and inventory is included in the sale. All numbers (Income & Expense) on hand and can be provided once NDA is signed. A proof of funds and/or pre approval is required prior to showing or information requests.

 

 

FACILITY: New construction in 2019, Like new condition

PARKING: Two off street parking spots | Street parking

EQUIPMENT: The equipment is in excellent condition and has been well maintained

List of equipment is available upon request

CONCEPT: Restaurant/Bar/Lounge/Offices

SIZE: 4,878 s/f (includes full basement)

SEATS: Capacity for 150

HOURS: 11:00 AM – 1:00 AM

LICENSES: Full Liquor and Entertainment until 1:00 AM

UTILITIES: Public Water, Public Sewer, Natural Gas, 440 Volts.

ASSOCIATION FEE : $414,42

ASSOCIATION FEE INCLUDES: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal and Parking

THE ANNUAL INSURANCE: for the commercial condo with a restaurant/bar is $908

EXCLUSIONS: None