INNOVATE Real Estate
Business Opportunity at 181 W State Street, Granby MA 01033
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41 photos

$699,000

181 W State Street, Granby MA 01033
Granby, MA 01033
Listed by Elizabeth Salois Team
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1988

About this home

Well Established Turn-Key Business & Real Estate on high traffic RT 202 in Granby. This prime location is surrounded by a mix of residential homes and businesses & is just a short distance to highways & colleges. Currently an established breakfast & lunch destination, this mixed use building offers plenty of opportunity for expanding the existing business as well as living in or renting out the second floor apartment & detached studio style unit. The potential for increased revenue is endless: expand the current business hours and offerings, utilize the existing ice cream window, offer baked goods, long or short-term rentals for the residential units, expand the current successful pick-up catering business to offer off-site catering and more! The restaurant itself has plenty of cozy seating inside by the fireplace or outside in the fenced in patio. New owners will benefit from the long standing reputation while the current owners enjoy their retirement.

Property details

MLS
MLS Property Information Network
MLS #
73324674
Property type
Business Opportunity
Subdivision
N/A
Status
Active
Days on market
650
On market date
January 9, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
80,511 sqft

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
East Meadow
1.97 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
394
Student:teacher ratio
12.3:1
District
Granby
Middle
Michael E. Smith Middle School
2.65 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
536
Student:teacher ratio
13.1:1
District
South Hadley
High
Granby Jr Sr High School
1.83 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
303
Student:teacher ratio
11.2:1
District
Granby

Walkability

Blended score for Granby's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

29
Car-dependent
out of 100
EPA National Walkability Index
5.8 / 20 -- Below average walkable
Google Places amenity density
28 / 100
Restaurants & cafes1
Grocery stores1
Parks1
Schools2
Transit stops0
Pharmacies1

Market position

How this listing compares to current activity in Granby, from live MLS data.

On the market 650 days -- 524 more days than Granby's current average of 126 days.
For reference, the median list price across 32 active listings in Granby right now is $424,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$4,359/mo
$139,800 down
$559,200 loan
Principal & interest$3,627
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.