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    308-324 Massachusetts Ave Lunenburg, MA 01462

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    For Lease
    Contact for pricing

    Restaurant space available across from Walmart and Hannaford's.

    Property size:
    2,608 SF
    Lot size:
    4.00 Acres

    Property Features for 308-324 Massachusetts Ave

    General Information

    Size
    2,608 SF
    Lot size
    4.00 Acres

    Source: American Commercial Real Estate Agent Dusty Burke III

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

    Overview

    Former Pizza Restaurant For Rent

    This 2,608 square foot property, formerly a pizza restaurant, is available for rent. Situated on a corner lot, the property benefits from a signalized intersection and pylon signage, offering great visibility on Massachusetts Avenue/Route 2A. The location is across from Walmart and Hannaford's. There are 80 parking spaces available.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lunenburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7574099
    Latitude
    42.5921362

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space available across from Walmart and Hannaford's.
    Where is this restaurant located?
    The property is located at 308-324 Massachusetts Ave Lunenburg, MA.
    What are key features of this property?
    This property features: - Great visibility on Massachusetts Ave./Rt. 2A; - Across from Walmart/Hannaford's; - Features 80 parking spaces
    (508) 735-5976
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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
    308-324 Massachusetts Ave Lunenburg, MA 01462
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