DiParma Italian Table | 175 Route 28
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DiParma Italian Table 175 Route 28
6,266 SF Retail Building West Yarmouth, MA 02673 £1,617,450 (£258/SF)
Investment Highlights
- Ample Parking
- Consistent financial history
- Strong regional brand and all furniture, fixtures & equipment included with sale
Executive Summary
DiParma Italian Table located at 175 Route 28 has been operating at this location since 2008. A local and tourist favorite DiParma boasts an old world Italian concept with modern day touches. With approximately 6,200 sq ft of restaurant, the space is bright and inviting with both a vibrant bar and more intimate dining area. Seating capacity for 176 patrons, the restaurant also offers al fresco seasonal dining.
The acre parcel offers ample parking for over 60 vehicles. The restaurant operates 4 PM to close seven nights a week.
The restaurant is well positioned to offer lunch fare if new ownership was looking to scale hours. The restaurant attracts many repeat customers from families, the business has had tremendous success. Historically revenue runs 60% food / 40% alcohol.
Sellers will help with transition and orientation for new ownership.
The acre parcel offers ample parking for over 60 vehicles. The restaurant operates 4 PM to close seven nights a week.
The restaurant is well positioned to offer lunch fare if new ownership was looking to scale hours. The restaurant attracts many repeat customers from families, the business has had tremendous success. Historically revenue runs 60% food / 40% alcohol.
Sellers will help with transition and orientation for new ownership.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,266 SF
Building Class
B
Year Built
1979
Price
£1,617,450
Price Per SF
£258
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Land Acres
1.03 AC
Zoning
B-2 - Business
Parking
55 Spaces (8.78 Spaces per 1,000 SF Leased)
Frontage
50 ft on Main Street
PROPERTY TAXES
| Parcel Number | YARM-000037-000074 | Total Assessment | £750,733 |
| Land Assessment | £264,394 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £486,340 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
YARM-000037-000074
Land Assessment
£264,394
Improvements Assessment
£486,340
Total Assessment
£750,733
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
-
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DiParma Italian Table | 175 Route 28
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