1456-1462 N Main St, Palmer, MA 01069

Property Description

Welcome to the historic Day & Night Diner, a Palmer landmark established in 1949 and originally built as Worcester Lunch Car Company #78 1. A longtime fixture of the local community, the diner has been owned and operated by the current owners for the past 22 years, offering a unique opportunity for an owner-operator, entrepreneur, or investor to take the reins of an established business with decades of history behind it.The vintage 79 8 sq. ft. diner offers seating for 33 guests, two bathrooms, central air conditioning, a mini-split system, and an updated 200-amp electrical panel. From its classic diner atmosphere to its recognizable presence along N Main Street, the property retains the character and charm that have made the Day & Night Diner a familiar Palmer destination for generations.The sale includes the Day & Night Diner business, diner building/structure, and associated furniture, fixtures and equipment, including commercial kitchen equipment, refrigeration, seating, POS system, signage, business name, recipes and additional items associated with the operation, providing the foundation for its next owner to continue the Day & Night Diner legacy or bring their own vision to this historic location.Convenient on-street parking is available, along with additional parking in the rear, providing approximately 15 parking spaces in total.Whether you're looking to continue a Palmer tradition, operate your own restaurant, or take advantage of the larger business and real estate opportunity, 1456–1462 N Main St offers a rare chance to become the next chapter in a story that began in 1949.Two purchase opportunities are available:Option 1 = Purchase the diner business and building for $349,900, with the opportunity to lease the land on which it sits.Option 2 = Purchase the entire property for $799,900, including the diner and an additional three-family residence on the parcel. A rare opportunity to combine an established business with additional income-producing real estate. Additional details available upon request.**Sale of the entire parcel is subject to the seller securing suitable housing. Alternatively, the seller would be willing to remain as a tenant in one of the three residential units for up to one year following closing, providing immediate rental income to the new owner.