Restaurant Lease Opportunity in Watertown, MA - Turn-Key Space

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Financial Details

Annual Revenue:
$1,700,000
Profit Metric:
SALES
Location:
Watertown, MA, US
Source:
Date:
September 16, 2025

Key Highlights

Prime lease opportunity in a densely populated Watertown location with high foot traffic.
Turn-key, high-energy space suitable for various restaurant concepts, including Tapas and Whiskey Bar.
No key money required for well-qualified operators, offering a significant cost advantage.

Description

This listing presents a prime lease opportunity for a turn-key, high-energy restaurant space in a sought-after, densely populated area of Watertown, Massachusetts. The 3,250 sq ft property offers excellent street exposure and benefits from significant foot traffic, making it an ideal location for a new or expanding brand. The space is versatile, suitable for a wide range of concepts including Asian, Italian, Indian, Mexican, Greek, Brewery Sports Bar, or Brick Oven Pizza. It is currently set up as a Tapas and Whiskey Bar, featuring seating for over 100 guests plus outdoor seating. The facility is well-maintained, includes a private parking lot, and has been equipped with well-maintained FFE. Key licenses, including a Full Liquor License and Entertainment License, are available. Notably, this is a no key money lease for well-qualified operators, requiring only first and last month's rent and a security deposit upfront. While currently closed, the location has a history of strong sales, with previous figures in the $1.7M to $2M range. The lease terms include an initial 10-year period with a base rent of $10,000 per month plus triple nets.

Industry Information

Industry Description:
Restaurants & Food
Classification:
Restaurants & Food

Real Estate & Lease

Status:
Leasehold
Monthly Rent:
$10,000 USD

Assets & Inventory

Includes FF&E:
Yes

Broker Contact

Name:
Todd Smith
Company:
Corbett Restaurant Group
Phone:
781-549-9523

Listing Details

Listing ID:
016ebe73-787a-43db-9303-8f8d0ab923f4
Source Listing ID:
Ad#:2399964
Deal Status:
For Sale
Last Updated:
September 16, 2025
Currency:
USD