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For sale
Conventional restaurants
MA
Winchendon
01475
61 - 63 Glenallen St

Restaurant and Apartment Building

61 - 63 Glenallen St, Winchendon, MA 01475

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For Sale

$435,000

Turnkey restaurant with apartment and redevelopment potential.

Type:Business Opportunity

Listing Contact

Michelle Peterson

Real Estate License ID: 454502349

HighLights

Seller offering $25K contribution towards building renovations.
Turnkey opportunity with immediate cash flow from established 95‑seat restaurant.
Two‑bedroom apartment suitable for owner‑occupancy or rental income.
Multiple redevelopment possibilities: multi‑family housing, office space, brewery, etc. (town approval required for some).
Restaurant has been a community staple for 20 years, hosting private functions.
Recent upgrades include commercial‑grade septic system, electric upgrades, new water heaters, and oil tank.

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For Sale

$435,000

Turnkey restaurant with apartment and redevelopment potential.

Type:Business Opportunity

Added:: Apr 22, 2026
Days on Market:: 51
Last Refresh:: Apr 22 at 12:57 pm

Property Features for 61 - 63 Glenallen St

General Information

Standard status: Active
Property subtype: Business Opportunity

Building Details

Year Built: 2006

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Listing Contact

Michelle Peterson

Listing agent Michelle Peterson License #454502349

Listing office Elm Grove Realty, LLC

Listing date Apr 22, 2026

Source Liongatere

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 Elm Grove Realty, LLC

HighLights

Seller offering $25K contribution towards building renovations.
Turnkey opportunity with immediate cash flow from established 95‑seat restaurant.
Two‑bedroom apartment suitable for owner‑occupancy or rental income.
Multiple redevelopment possibilities: multi‑family housing, office space, brewery, etc. (town approval required for some).
Restaurant has been a community staple for 20 years, hosting private functions.
Recent upgrades include commercial‑grade septic system, electric upgrades, new water heaters, and oil tank.

Overview

This property presents an opportunity for multiple income streams, featuring a two-bedroom apartment suitable for owner-occupancy or rental income, and a 95-seat restaurant that has been operating for 20 years. The restaurant serves breakfast, lunch, and dinner and hosts private functions. The building has been a gathering place since the 1930s. The property offers options to continue as a restaurant and bar, convert to multi-family housing (subject to town approval), or redevelop into office space, a brewery, a gift shop, or a creative venue. Upgrades under current ownership include a commercial-grade septic system, electric upgrades, new water heaters, and an oil tank. The seller is willing to contribute $25K towards building renovations.

Location Intelligence

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Conventional restaurants

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Local Demand

City: Winchendon
County: Worcester
State: Massachusetts
Longitude: -72.0231324
Latitude: 42.6830185

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For sale
Conventional restaurants
MA
Winchendon
01475
61 - 63 Glenallen St

What type of property is this?

Conventional restaurant - Turnkey restaurant with apartment and redevelopment potential.

Where is this conventional restaurant located?

The property is located at 61 - 63 Glenallen St Winchendon, MA.

What is the asking price?

The asking price for this property is $435,000.

What are key features of this property?

This property features: Seller offering $25K contribution towards building renovations.; **Turnkey opportunity with immediate cash flow** from established 95‑seat restaurant.; Two‑bedroom apartment suitable for owner‑occupancy or rental income.