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    3 Stafford St Worcester, MA 01603

    For Sale
    $2,250,000

    High-visibility restaurant property in Worcester's Webster Square neighborhood.

    Property size:
    4,403 SF

    Property Features for 3 Stafford St

    General Information

    Size
    4,403 SF

    Building Details

    Year built
    1965

    Source: Alexis Brissette Agent Alexis Brissette

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

    Overview

    Restaurant Property in Webster Square

    Located in Worcester's Webster Square neighborhood, 3 Stafford Street is a commercial property currently home to a high-performing Moe’s Southwest Grille franchise restaurant. Situated at the intersection of Stafford Street and Main Street, this property benefits from a prime, highly visible location with 183' of frontage and strong daily traffic exceeding 20,000 ADT+. The offering includes both the established restaurant franchise and the real estate, providing flexibility for alternative restaurant uses or other commercial ventures. The site features 42 parking spots and is positioned within a densely populated urban area, surrounded by residential neighborhoods, schools, and local and regional businesses. With proximity to major thoroughfares including Route 9, Route 122, and I-290, the property enjoys strong regional connectivity and consistent customer flow. The immediate area is experiencing steady growth, supported by nearby redevelopment projects and ongoing investment in Worcester’s urban core. The property's location is further enhanced by its proximity to Clark University and other community hubs, which drive foot traffic and lunchtime business. The property size is 4,403 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Moe's Southwest Grill Caterer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -71.8369142
    Latitude
    42.2439428

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    FAQs

    What type of property is this?
    Restaurant - High-visibility restaurant property in Worcester's Webster Square neighborhood.
    Where is this restaurant located?
    The property is located at 3 Stafford St Worcester, MA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Prime, highly visible location at a major signalized intersection on Route 9 in Webster Square.; - Home to a highly performing Moe's Southwest Grille franchise restaurant.; - High traffic count exceeding 20,000 ADT+.
    (508) 868-6182
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    Worcester, MA 01603
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    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
    3 Stafford St Worcester, MA 01603
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