175 Main St, Webster, MA 01570
Turnkey mixed-use property with a fully renovated 2-bedroom residence, ground-floor restaurant space, and leased basement storage.
Property Features for 175 Main St
General Information
Restaurant
Additional Details
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property has generated approximately $55,000 annually in NOI, and the restaurant tenant contributes to real estate taxes. A brand-new lease was recently signed for the restaurant space, and the tenant is currently underway with their interior buildout.
Recent capital improvements completed in 2024 include a brand-new sprinkler system, upgraded HVAC units and infrastructure, new life safety and fire alarm systems, a new water heater, and a completely updated electrical system with separate metering for the residential and commercial units. Additional work includes a new commercial kitchen hood system and grease trap, along with a new rear deck with secondary egress.
Key Highlights
- Fully renovated mixed‑use property in downtown Webster with a 2‑bedroom apartment and a ground‑floor restaurant space
- Includes approximately 3,800 SF restaurant space on the ground floor plus a leased basement for tenant‑at‑will storage income
- Approximately $55,000 annually in NOI; restaurant tenant contributes to real estate taxes