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Built-Out Corner Restaurant
New
For Lease
$2,500/Mo

275 Park Avenue, Worcester, MA 01609

Takeout-oriented restaurant space with outdoor seating, on-site parking, and prominent signage.

Property Size416 SF
Days on Market2

Property Features for 275 Park Avenue

General Information

Standard status Active
Size 416 SF
Zoning MG-1

Additional Details

Space Use Restaurant
Patio Yes

Taxes and HOA fees

Annual Taxes $4,749

Building Details

Building Size 416 SF
Year Built 1972
Listing Agency: RE/MAX Partners
Listed By: James Kalogeropoulos · License #9072828
Source: 413realestate
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 2 at 8:05AM

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 RE/MAX Partners

Investment Insights

Based on property information with market context.

This fully built-out restaurant space is configured for takeout, online ordering, and delivery, while also providing an outdoor seating area for in-person customers. The property includes dedicated on-site parking and prominent signage on a corner lot, supporting convenient customer access and strong street presence. Its existing restaurant improvements can accommodate fast-casual, café, sandwich, specialty food, and other quick-service concepts.

Located at 275 Park Avenue in Worcester, the property sits among established businesses and dense residential neighborhoods. The building was constructed in 1972 and carries MG-1 zoning. The site is positioned along a heavily traveled commercial corridor with access from a prominent intersection.

Key Highlights

  • Fully built‑out restaurant space configured for takeout, online ordering, and delivery
  • Outdoor seating area for customer use
  • Corner‑lot position with prominent signage

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store

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
$10.82 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,090
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Groceries 40% Dining 2%
Price Chopper Groceries
35,936 visits/mo 0.1 miles
Shell Shops & Services
15,329 visits/mo 0.5 miles
Gulf Oil Shops & Services
13,415 visits/mo 0.4 miles
Dollar Tree Shops & Services
7,326 visits/mo 0.4 miles
Mobil Shops & Services
7,312 visits/mo 0.3 miles

Demographics for 01609, MA

23,870
Population
9,126
Households
2.6
Avg Household Size
29
Median Age
49%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
6,451
Density / Sq Mi
$61,411
Median Household Income
$32,399
Median Earnings
$1,212
Median Rent
$422,100
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Takeout-oriented restaurant space with outdoor seating, on-site parking, and prominent signage.
Where is this conventional restaurant located?
The property is located at 275 Park Avenue Worcester, MA.
What is the lease rate?
The lease rate is $2,500 /Mo.
What are key features of this property?
This property features: Fully built‑out restaurant space configured for takeout, online ordering, and delivery; Outdoor seating area for customer use; Corner‑lot position with prominent signage
More about this property
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