Gary Ferragamo - Vice President
M. Celata Real Estate
  • Cell: 781-223-7771

Listing Alert/Pending
58 Montvale Avenue  Map It | Directions
Stoneham, MA 02180
58 Montvale Avenue Stoneham, MA 02180
List Price
Parking Spaces
Building SQFT
Lot Size
FANTASTIC and very RARE 'turn-key' restaurant opportunity. SUPERB location right next door to the Montvale Plaza. A beautifully built out restaurant offering comfort, class, style and ease of business. Business includes FULL liquor license. Wonderful, clean and easy layout with plenty of room for comfort of dinning. Several custom-made booths with built-in warming plates built into table top. Less than 2 years old most everything is practically new. Newer flooring, lights, paint, fixtures, stainless steel kitchen, etc. Also has two handicap bathrooms. See attached list of items/trade fixtures/supplies/inventory, etc., at an estimated value well over $150,000.00. Reason selling is split of Owner partnership. Current Lease states 1550 square feet (sf), PLUS and additional 341 sf, for a total of 1891sf. Current Lease/Rent is approx $4100 per month, and runs though Sept 30, 2019, with 2 Five-year renewable options. Great opportunity. Great price. Priced to sell.

List Price:$239,000Basement:NoBuilding SQFT:1,891
Type:Business OpportunityRestrooms:2Real Estate Included:Unknown
Type of Bus.:Restaurant w/LiquorParking Spaces:10Year Built:~2014
Status:ActiveLot Size:0MLS#:72105602
Facilities:KitchenHandicap Access:Yes
Lot Size:0Building SQFT:1,891
Location:Shopping Mall, StripParking Spaces:10
System:TelephoneUtilities:Public Water
Gross Annual Income:$450,000Inventory Available:Yes
Owner Training:UnknownReal Estate Included:Unknown
Special Financing:UnknownTenant Expenses:Heat, Air Conditioning, Electric, Water
Equipment List Available:UnknownReason for Sell:Other (See Remarks)
Additional Info
Exclusions:4-6 extra large pots/pans.
Disclosure Declaration:No
If you would like more information on this property or would like to Schedule a Showing with
Gary Ferragamo call: or email:
The listing office is M. Celata Real Estate and the listing agent is Gary Ferragamo. 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 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 or leasing 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 or leasing. MLS Property Information Network, Inc. and it's 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. M. Celata Real Estate will be pleased to show you this or any other property.

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