Turnkey Restaurant and Bar
For Sale
$1,978,000
112 Green Street Worcester, Worcester, MA 01604
Turnkey restaurant and bar with full build-out, operating business, and frontage across Polar Park in Worcester.
Property SizeContact for details
Days on Market93
Property Features for 112 Green Street Worcester
General Information
Standard status
Active
Zoning
BG-4
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$11,101
Building Details
Year Built
1955
Listed By:
Stephen Rose
(508) 501-1443
Source:
Milestonerealtyinc
Added: Jun 3
Changed: Sep 1
Last Checked: Sep 2 at 1:32PM
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 Stephen Rose
Investment Insights
Based on property information with market context.
This offering combines the sale of a commercial building with a fully operating restaurant and bar. The business, The Banner Bar & Grille, is fully built out, equipped, licensed, and currently operational, creating a true turnkey transition for new ownership. The property is presented as a single acquisition, with the real estate and business sold together.
The building is located directly across from Polar Park, home of the Worcester Red Sox, in Worcester’s Canal District. The site is also positioned across from The Cove, a newly completed 171-unit residential community, and the surrounding district continues to develop.
For buyers or operators seeking a hands-on restaurant/bar acquisition with an existing operating concept, this format offers a straightforward path to take over an active venue. Because the restaurant and bar are described as fully built out, equipped, and licensed, the new owner can focus on continuity of operations rather than initial interior development. The location’s adjacency to an active ballpark and nearby residential community supports consistent demand throughout the year, with particular emphasis on game-day activity.
The building is located directly across from Polar Park, home of the Worcester Red Sox, in Worcester’s Canal District. The site is also positioned across from The Cove, a newly completed 171-unit residential community, and the surrounding district continues to develop.
For buyers or operators seeking a hands-on restaurant/bar acquisition with an existing operating concept, this format offers a straightforward path to take over an active venue. Because the restaurant and bar are described as fully built out, equipped, and licensed, the new owner can focus on continuity of operations rather than initial interior development. The location’s adjacency to an active ballpark and nearby residential community supports consistent demand throughout the year, with particular emphasis on game-day activity.
Key Highlights
- Turnkey acquisition includes fully operating restaurant and bar (The Banner Bar & Grille) with real estate sold together
- Direct frontage across from Polar Park (home of the Worcester Red Sox), with year‑round demand
- Restaurant and bar are fully built out, equipped, licensed, and operational for immediate transition to new ownership
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,150
Businesses Nearby
88k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 34%
Groceries 17%
Hotels & Casinos 3%
Burger King
Dining
19,049 visits/mo
0.1 miles
Gala Foods Supermarket
Groceries
15,286 visits/mo
0.4 miles
Dunkin' Donuts
Dining
13,113 visits/mo
0.2 miles
Speedway
Shops & Services
9,299 visits/mo
0.1 miles
Shell
Shops & Services
8,050 visits/mo
0.3 miles
Demographics for 01604, MA
41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant and bar with full build-out, operating business, and frontage across Polar Park in Worcester.
Where is this conventional restaurant located?
The property is located at 112 Green Street Worcester Worcester, MA.
What is the asking price?
The asking price for this property is $1,978,000.
What are key features of this property?
This property features: Turnkey acquisition includes fully operating restaurant and bar (The Banner Bar & Grille) with real estate sold together; Direct frontage across from Polar Park (home of the Worcester Red Sox), with year‑round demand; Restaurant and bar are fully built out, equipped, licensed, and operational for immediate transition to new ownership
