SOLD ! Riva Property Scituate MA

Scituate, MA – SOLD!

Landmark mixed use investment property in the heart of Scituate center located in the Harbor business district.  The building is approximately 2,286 SF w/ gross SF of 3,368.   The property abuts Scituate’s main municipal parking lot which provide ample parking for the buildings restaurant tenant.  The building is serviced by municipal water & sewer and currently the tenant Riva Restaurant operates a 64 seat restaurants out of the space. The site offers first floor full service restaurant space with second floor offices and storage. The Riva concept has operated since the early 2000’s and is presently owned and operated by a successful local restaurant group of which operates other locations on the South Shore.

NOI: $79,811

Cap Rate: 7.75%

Real estate ONLY.

Asking Price $1,030,000

email Adam Bauer for complete offering memo