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Restaurant Opportunity in Millbury
For Lease
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Pending

56 Canal St, Millbury, MA

3000 sq ft restaurant space with turnkey equipment available.

Space Size3,000 SF
Lot Size0.81 Acres
Days on Market569

Property Features for 56 Canal St

General Information

Standard status Pending
Size 3,000 SF
Lot size 0.81 Acres
Property subtype RETAIL

Spaces For Lease

at 56 Canal St
56 Canal St $17.75/SF/Yr
Floor Bldg
Size 3,000 SF
Type RETAIL
Availability PENDING, Now
Sublease No
- Excellent opportunity for fast food business complete with turnkey equipment. - Good size 3000 sq ft stand-alone building complete with pizza oven, hood, walk in cooler, ice cream window plus much more. - Located at the cross roads of Canal Street and 122A (Providence Street) and abutting the Riverside Mart Gas Station offers visibility from both directions Tenant pays for electric (separately metered) internal cleaning and internet.
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Listing Agency: Commercial Property Specialists
Listed By: Nancy Elliott
Source: Moodyscre
Added: Apr 9, 2025 Changed: Oct 25 Last Checked: Oct 28 at 11:24AM

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 Commercial Property Specialists

Rey
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Investment Insights

Based on property information with market context.

This 3000 sq ft stand-alone building presents an opportunity for a fast food business. The property includes equipment such as a pizza oven, hood, walk-in cooler, and an ice cream window. Located at the crossroads of Canal Street and 122A (Providence Street) and abutting the Riverside Mart Gas Station, the property offers visibility from both directions. The tenant is responsible for electric (separately metered), internal cleaning, and internet services.

Key Highlights

  • Turnkey fast food business opportunity with existing equipment.
  • High‑visibility location at the intersection of Canal Street and 122A (Providence Street), next to Riverside Mart Gas Station.
  • Spacious 3000 sq ft stand‑alone building.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Rosso's Pizza & Ice ... Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.66 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
13,263 visits/mo 0.2 miles
Pizza Chef Dining
4,811 visits/mo 0.4 miles
SUBWAY Dining
2,920 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Restaurant - 3000 sq ft restaurant space with turnkey equipment available.
Where is this restaurant located?
The property is located at 56 Canal St Millbury, MA.
What is the lease rate?
The lease rate is $17.75 SF/Yr.
What are key features of this property?
This property features: Turnkey fast food business opportunity with existing equipment.; High‑visibility location at the intersection of Canal Street and 122A (Providence Street), next to Riverside Mart Gas Station.; Spacious 3000 sq ft stand‑alone building.
(508) 868-2540 Call to check price and availability
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