Exceptional opportunity to establish your business in one of Boston’s most iconic dining destinations. This highly visible corner first-floor restaurant space is located in the heart of the North End and features a takeout window, excellent street presence, and seating for approximately 77 patrons. Additional dining space is located on the lower level, offering flexibility for a variety of restaurant concepts. The space is being delivered as a blank canvas, allowing a new tenant to design and build out the interior to suit their vision. No kitchen equipment is included. A new ventilation hood system was installed in 2022, providing a valuable head start for restaurant operators. Ownership is currently pursuing a beer and wine license, adding further potential to this outstanding location. Five-year lease terms are available, with terms and conditions negotiable.
76 Salem Street, Boston, (North End), MA, 02113
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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