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23 West Road, Orleans, MA 02653

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For Sale
Foreclosure

$1,595,000

3,211 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $496.73
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Amenities

Explore this Property

Established fine dining restaurant and bar located in the affluent Orleans, MA market, operating successfully since 1997. This boutique establishment has built a stellar reputation as a local favorite, known for exceptional cuisine and outstanding service over its impressive 29-year run. BUSINESS OVERVIEW: This one-of-a-kind restaurant generates $1,500,000 in annual revenue with a loyal customer base that has sustained the business through nearly three decades of operation. The establishment holds a coveted full-year liquor license, which are limited in Orleans, providing a significant competitive advantage. FACILITY & ASSETS: The 2,864 square foot property features a recently expanded and meticulously maintained interior, complemented by a beautiful outdoor dining area. FF&E valued at $950,000 reflects the quality and condition of restaurant equipment and furnishings. Inventory value of $50,000. Real estate owned by seller with value of $975,000. STAFFING & OPERATIONS: Currently employs 24 team members, demonstrating substantial operational scale. The business benefits from Orleans' year-round tourism with peak season from June through September, ensuring
MLS# 22405820

Courtesy Of The Realty Advisory Inc.

(508) 775-6000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Floor Covering
    Wood, Hardwood
  • Heating System
    Forced Air
  • Lot Size
    0.54 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 23 West Road, Orleans, MA 02653

Home seller CENTURY 21 North East

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CENTURY 21 North East

(800) 844-7653
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Monthly Payment Breakdown

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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.