300 Center St, Pembroke, MA 02359

$1,999,800
10,058
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,999,800
Status
NEW
MLS#
73601824
Living Area
10,058
Lot Size (Acres)
2.41
Year Built
1878

Property Description

Former full-service, large restaurant offering tremendous potential for a variety of concepts, including casual dining, a multi-purpose restaurant, bar, entertainment venue, or event space. This unique property includes the commercial restaurant building, a two-family duplex home, and a small office area attached to the right of the duplex. The property features several hundred feet of beautiful frontage along Hobomock Pond, creating an exceptional opportunity to establish a premier waterfront dining and entertainment destination. With some improvements and capital investment, particularly to the rear deck, there is exciting potential to develop a seasonal outdoor bar and waterfront dining experience. Additional revenue opportunities include weddings, private events, corporate meetings, business luncheons, and other special functions, offering multiple possibilities to generate income while maximizing the property's beautiful waterfront setting. Attractive features include a huge parking lot and an impressive total lot size of approximately 104,980 square feet. An exceptional opportunity for an entrepreneur to operate a restaurant, launch a new business, and generate additional rental income from the two-family duplex. Attention developers, builders, and investors! This expansive property may also offer exciting redevelopment possibilities, potentially including condominium townhouses or mid-rise or low-rise residential development, subject to zoning, permitting, and all applicable approvals. Whether you are a restaurateur, investor, builder, or developer, this is a unique opportunity with tremendous potential and multiple possibilities. Don't miss out!

Additional Information

Taxes
$14,434

How much is your South Shore home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Derek Wong from Listing Office: V & E Realty.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.