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    175 Main St Webster, MA 01570

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    For Sale
    $675,000

    Fully renovated mixed-use property with restaurant and apartment.

    Property size:
    5,001 SF
    Lot size:
    0.10 Acres

    Property Features for 175 Main St

    General Information

    Size
    5,001 SF
    Lot size
    0.10 Acres

    Source: Kelleher & Sadowsky Agent Thomas J. Bodden

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

    Overview

    Renovated Mixed-Use Webster Property

    This mixed-use property is located in downtown Webster. The property features a renovated two-bedroom apartment on the second floor and a ±3,800 SF restaurant space on the ground floor. The basement is leased on a tenant-at-will basis for storage, providing additional income. The property generates approximately $55,000 annually in NOI, with the restaurant tenant contributing to the real estate taxes. A new lease was recently signed for the restaurant space, and the tenant is currently building out the interior. Capital improvements completed in 2024 include a new sprinkler system, upgraded HVAC units and infrastructure, new life safety and fire alarm systems, a new water heater, an updated electrical system with separate metering for residential and commercial units, a new commercial kitchen hood system and grease trap, and a new rear deck with secondary egress. This is a turnkey investment with upside potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    A Bounce Above Party Equipment Rental Service Matthew M. Corporation Medical Clinic The Party Planner Party Store

    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
    Webster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8836949
    Latitude
    42.0493712

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    FAQs

    What type of property is this?
    Mixed-use property - Fully renovated mixed-use property with restaurant and apartment.
    Where is this mixed-use property located?
    The property is located at 175 Main St Webster, MA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Fully renovated mixed-use property in downtown Webster, offering stable income and upside potential.; - Generates approximately $55,000 annually in NOI, with the restaurant tenant contributing to real estate taxes.; - Newly signed lease for the ±3,800 SF restaurant space; tenant currently building out the interior.
    (774) 214-6225
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    175 Main St Webster, MA 01570
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    Webster, MA 01570
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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
    175 Main St Webster, MA 01570
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