Flagship Restaurant Opportunity

One-of-a-kind Opportunity in Holyoke’s Canal District

A fully renovated, 5,000 square foot historic mill space is now available in the heart of Holyoke’s Innovation District . It features an upscale 19th-century industrial mill aesthetic, outdoor waterfront seating, all new systems and a full liquor license. This is a unique first-mover opportunity that can define the culinary identity of a new urban-industrial neighborhood.

Address

130 Race Street, Holyoke, MA 01040.

Size

5,170 square feet indoors
1,440 square feet outdoors

Capacity

146 Patrons (86 Indoor / 60 Outdoor Patio).

Property Specifications

This fully restored building was built circa 1905 by Chicago-based Armour and Company, which was at the time the largest meat packer in the world. The property is next to one of the country’s most intact urban canal systems and has a waterfront view that no one else in the region can replicate.

Liquor License

A full Restaurant All Alcoholic Beverages license is included.

Kitchen Infrastructure

2,000 SF dedicated back-of house with space for kitchen, prep kitchen, walk-in cooler, dedicated staff facilities, office and storage.

All New Systems

All new 400-amp service, elevator, heat pump HVAC, new plumbing and bathrooms, inground grease trap, fire alarm and sprinkler.

White Box

Delivered with a Certificate of Occupancy and fully operational mechanicals.

The Opportunity

Holyoke’s Innovation District has seen over $150M in recent investment, resulting in hundreds of new residents and a surging daytime workforce. Services have not kept up with this growth though, and people leave the area in search of upscale-casual dining and third-place spaces.

Daytime Workforce

A downtown workforce of over 5,000 people, working in healthcare, government, clean technology and Cannabis cultivation.

Residential Growth

Over 400 market-rate residential lofts have been approved and under construction within a three-block radius.

Retail Visitors

Two neighboring Cannabis retailers draw more than 80,000 annual visits plus the Children’s Museum and related attractions bring 70,000 more. The De La Luz Performing Arts Center, a 500-person capacity venue, is steps away.

Huge Annual Events

The St. Patrick’s Day Parade weekend with 400,000 spectators, plus the Fiestas Patronales, Celebrate Holyoke, PrideFest, Volleyball Hall of Fame Inductions, the Great Holyoke Brick Race and other events bring an additional 60,000 visitors.

South Hadley, Northampton, Easthampton and West Springfield are a short drive away. The total residential population, 25 years and older, is 121,000 within a six-mile radius and 345,000 within twelve miles.