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Established Diner with Dual Income
For Sale
$275,000
Pending

1080 Stafford St, Leicester, MA 01542

Leicester property with diner, salon, and income potential.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market266

Property Features for 1080 Stafford St

General Information

Standard status Pending
Lot size 0.17 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,250

Building Details

Year Built 1910
Listing Agency: Lamacchia Realty, Inc.
Listed By: Elizabeth Brouillard
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 14 Last Checked: Aug 20 at 9:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lamacchia Realty, Inc.

Investment Insights

Based on property information with market context.

This Leicester property presents a unique investment opportunity. It has been home to Buddy's Spa, a well-established eatery with a classic diner atmosphere known for its nostalgic charm and loyal customer base. Located on Stafford Street in a high-traffic area, this property offers dual income potential. Recent updates include a new furnace, a new oil tank (approximately 2 years ago), a new hot water tank (approximately 3 years ago), and an updated electrical panel (approximately 5 years ago). The adjacent space, currently used as a hair salon, presents an opportunity for new owners to generate rental income or utilize the separate space for their own business. This versatile property is suitable for an investor looking to explore new ventures in a thriving community, for a current business to expand, or for entrepreneurs to establish something new.

Key Highlights

  • Dual income potential from established eatery (Buddy's Spa) and hair salon space.
  • Located in a high‑traffic area on Stafford Street.
  • Versatile property suitable for investors, business expansion, or new ventures.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01542, MA

2,366
Population
1,052
Households
2.2
Avg Household Size
47
Median Age
28%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
563
Density / Sq Mi
$107,674
Median Household Income
$54,788
Median Earnings
$1,571
Median Rent
$380,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Leicester property with diner, salon, and income potential.
Where is this storefront property located?
The property is located at 1080 Stafford St Leicester, MA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Dual income potential from established eatery (Buddy's Spa) and hair salon space.; Located in a high‑traffic area on Stafford Street.; Versatile property suitable for investors, business expansion, or new ventures.
More about this property
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