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Fully Occupied Restaurant Space

56 Water St, Worcester, MA 01604

For Sale
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Fully occupied restaurant space built out for a vegan eatery with 2,075 SF of retail/commercial area.

Property Size2,075 SF
Days on Market104

Property Features for 56 Water St

General Information

Standard status Active
Size 2,075 SF
Property subtype RETAIL
Occupancy 100%

Site & Location

Neighborhood Union Hill C.w.a.
Listing Agency: Northeast Private Client Group | CT/Metro North
Listed By: Brad Balletto
Source: Moodyscre
Added: Jul 29 Changed: Oct 26 Last Checked: Nov 8 at 8:23AM

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

Rey
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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.

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

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

Current Use

The Queen's Cups Bakery M & D Motors Car Dealership

Suggested Use

Top Pick Veterinary Clinic Kitchen & Bath Showroom Pet Grooming Service Furniture & Home Goods 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,027
Businesses Nearby
104k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 48% Hotels & Casinos 3% Home Improvements & Furnishings 1%
Cumberland Farms Shops & Services
25,785 visits/mo 0.3 miles
Burger King Dining
19,049 visits/mo 0.2 miles
Dunkin' Donuts Dining
13,113 visits/mo 0.2 miles
Dunkin' Donuts Dining
11,565 visits/mo 0.4 miles
Speedway Shops & Services
9,299 visits/mo 0.2 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
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Market

Properties on Market for Conventional restaurants in Worcester

Jul
Aug
Sep
Oct

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?
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
(860) 420-9775 Call to check price and availability
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