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521 Main St Worcester, MA 01608

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For Sale
$1,250,000

Prime downtown Worcester property with restaurant and residential potential.

Lot size:
0.04 Acres

Property Features for 521 Main St

General Information

Lot size
0.04 Acres

Building Details

Year built
1930

Source: StartPoint Realty Agent Hui Joseph Zou

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


Overview

Worcester Mixed-Use Restaurant Opportunity

This property presents a rare opportunity to own real estate in downtown Worcester. Currently operating as a restaurant on the first floor, the upper floors (2-4) offer potential for residential units or restaurant expansion. As the only Chinese restaurant in downtown Worcester, it attracts customers from the downtown area, tourists, and attendees of events at the Hanover Theater. The Polar Park is located less than 0.5 miles away. Significant renovations were completed in 2019, including the back wall, HVAC system, and fire prevention system. Architectural drawings are available for two residential units: one spanning the third and fourth floors with 4 bedrooms and 3.5 baths, and another on the second floor with 3 bedrooms and 2 full baths. The building could also be converted into a multifunctional restaurant or adapted for other creative uses.
Insight Report Location Intelligence

Current Use by Public Records

Great Wall Chinese Restaurant Denholm Mural at the Theatre ... Painting

Suggested Use

Realty agency Restaurant Spa & Massage Law Firm 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
-71.8027396
Latitude
42.261715

FAQs

What type of property is this?
Conventional restaurant - Prime downtown Worcester property with restaurant and residential potential.
Where is this conventional restaurant located?
The property is located at 521 Main St Worcester, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: - Prime location in downtown Worcester.; - Established Chinese restaurant with a loyal customer base.; - Proximity to Hanover Theater and Polar Park, driving revenue.
More about this property
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