Mike Roast’s Beef sold after four decades of serving Everett

EVERETT, Mass — An Everett staple is under new management.

After nearly four decades of serving Everett, Mike Roast’s Beef has been sold to Wynn Development.

The resort company, which also operates the nearby Encore Casino, purchased the shop’s property on Broadway for $5.5 million.

The Everett Mayor’s Office says future use of the site will be determined as part of the larger lower Broadway planning process but expressed hope that Mike’s may stay open.

The former shop owner is continuing to operate the restaurant under a lease.

Mike’s first opened in 1984.

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