Fully Occupied Restaurant
New
For Sale
Contact for pricing
56 Water St, Worcester, MA 01604
Fully occupied restaurant space built out for a vegan eatery with 2,075 SF of retail/commercial area.
Property Size2,075 SF
Days on Market4
Property Features for 56 Water St
General Information
Standard status
Active
Size
2,075 SF
Property subtype
RETAIL
Occupancy
100%
Listing Agency:
Northeast Private Client Group | CT/Metro North
(860) 420-9775
Listed By:
Brad Balletto
(860) 420-9775
Source:
Moodyscre
Added: Jul 29
Changed: Jul 31
Last Checked: Aug 1 at 5:34AM
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 Northeast Private Client Group | CT/Metro North
Investment Insights
Based on property information with market context.
56 Water St presents the opportunity to acquire a fully occupied retail/commercial asset within Worcester’s Canal District. The property is 2,075 SF and is newly occupied and built out as a restaurant space by a popular vegan eatery.
The storefront configuration supports day-to-day restaurant operations, with the existing buildout designed to serve customers as currently arranged. Being fully occupied provides an immediate operating setup for an owner seeking an active, income-producing restaurant presence.
For prospective buyers, this offering combines a dedicated restaurant buildout with a compact, street-facing footprint at 56 Water St in Worcester’s Canal District.
The storefront configuration supports day-to-day restaurant operations, with the existing buildout designed to serve customers as currently arranged. Being fully occupied provides an immediate operating setup for an owner seeking an active, income-producing restaurant presence.
For prospective buyers, this offering combines a dedicated restaurant buildout with a compact, street-facing footprint at 56 Water St in Worcester’s Canal District.
Key Highlights
- 2,075 SF retail/commercial asset at 56 Water St
- Fully occupied restaurant space
- Newly occupied and built out by a vegan eatery
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
946
Businesses Nearby
68k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 41%
Home Improvements & Furnishings 8%
Cumberland Farms
Shops & Services
15,227 visits/mo
0.4 miles
Dunkin' Donuts
Dining
12,128 visits/mo
0.3 miles
Panera Bread
Dining
11,103 visits/mo
0.5 miles
Shell
Shops & Services
5,200 visits/mo
0.3 miles
Ted's Montana Grill
Dining
5,083 visits/mo
0.4 miles
Demographics for 01604, MA
41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully occupied restaurant space built out for a vegan eatery with 2,075 SF of retail/commercial area.
Where is this conventional restaurant located?
The property is located at 56 Water St Worcester, MA.
What are key features of this property?
This property features: 2,075 SF retail/commercial asset at 56 Water St; Fully occupied restaurant space; Newly occupied and built out by a vegan eatery
