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Exceptional opportunity to own a landmark mixed-use property in the heart of Charlestown’s historic town center. Originally built in 1834, this beautifully restored property blends timeless character with modern upgrades, featuring a fully operational restaurant, event space, and additional income-producing units. The main building is home to a well-established restaurant and bar with seating for 70+ guests, plus seasonal outdoor deck seating. Rich in historic charm, the space showcases original curved walls, preserved mantels, crown molding, ceiling medallions, and a striking eastern winding staircase, complemented by exposed post-and-beam elements and warm wood flooring. The main level includes three public restrooms, while the upper level offers a private event space with its own bar (upgraded in 2020) and dining area. Additional storage is available in the full basement and walk-up attic. Major system upgrades include a 50-year asphalt roof (2011), 9-zone radiant heat with supplemental wall heaters (2011), upgraded 225-amp electrical service (2011), refinished floors (2011), a Bosch Buderus furnace, and a tankless hot water system (2023). The property also benefits from professionally installed spray-foam insulation in the walls and attic, significantly improving energy efficiency and reducing heating costs. The detached outbuilding, renovated in 2022, features a modern oversized studio apartment currently rented at $1, 100/month with a stackable washer/dryer, along with a lower-level office/commercial/storage space, offering added flexibility and income potential. With a prime Main Street location and excellent visibility, this property offers a rare opportunity for investors or owner-operators looking for an exceptional asset with multiple revenue streams.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/24/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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$699,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $1,123 | $1,123 | $1,123 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,443 | $3,531 | $4,644 |
| Total Monthly Payment | $4,658 | $4,746 | $5,859 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.