Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    139 Grand Street Ct Worcester, MA 01603

    For Sale
    $950,000

    Mixed-use property with bar and multifamily units for sale.

    Property size:
    7,664 SF

    Property Features for 139 Grand Street Ct

    General Information

    Size
    7,664 SF

    Building Details

    Year built
    1900

    Source: Alexis Brissette Agent Alexis Brissette

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Worcester Mixed-Use Landmark

    This mixed-use property at 139 Grand Street in Worcester, MA, presents a rare opportunity to own a historic landmark. The 7,664 square-foot property includes a bar established in 1905, which reopened in June 2024. Additionally, the property features three multifamily units, two of which have been completely updated and are currently rented to students from nearby Clark University. This property offers a value-add opportunity for the third unit.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8142442
    Latitude
    42.2449153

    Nearby Similar for Sale

    • $699,900
      3,289 SF

      Worcester Multi-Family Residential Property

      Residential income property in Worcester, Massachusetts, with 3,289 square feet.
      23 Ashton St, Worcester, MA 01604
      View Details
    • $589,900
      Pending

      Worcester Two-Family Home

      Well-maintained two-family home in a quiet Worcester neighborhood.
      7 W Hampton St, Worcester, MA 01610
      View Details
    • $800,000
      Pending

      Worcester Multifamily Investment Opportunity

      Four residential units near downtown Worcester with recent interior updates.
      49 Dorchester St, Worcester, MA 01610
      View Details
    • $1,650,000
      Pending

      Worcester Multifamily Investment Opportunity

      Two well-maintained buildings near WPI and Elm Park.
      9-11 Dover St, Worcester, MA 01609
      View Details
    • $950,000
      4,567 SF

      Worcester Three-Family Near UMass Chan

      Well-maintained three-family near UMass Chan, offering strong income potential.
      311 Plantation St, Worcester, MA 01604
      View Details
    • $824,900
      Pending

      Meticulously Maintained Worcester Three-Family Home

      9-bedroom, three-family home near Elm Park and WPI.
      32 Blossom St, Worcester, MA 01609
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with bar and multifamily units for sale.
    Where is this mixed-use property located?
    The property is located at 139 Grand Street Ct Worcester, MA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Historic Landmark: Home to Worcester's oldest bar, established in 1905 and reopened in June 2024.; - Mixed-Use Property: Features a bar on the first floor and multifamily units above.; - Income Potential: Includes an established bar business and two upgraded, rented multifamily units.
    (508) 868-6182
    Request Owner's contact information
    139 Grand Street Ct Worcester, MA 01603
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    139 Grand Street Ct
    Worcester, MA 01603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    139 Grand Street Ct Worcester, MA 01603
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.