Address Not Disclosed Worcester, MA 01601
- Retail properties
- 4,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Address Not Disclosed
- Property size
- 4,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional opportunity presents a thriving restaurant and its accompanying real estate in Worcester, Massachusetts, zip code 01601. The 4,000 square foot building is offered at $1,690,000, or $422.50 per square foot. The property includes 30 parking spaces, catering to the 125-seat interior dining area and seasonal outdoor seating. A fully equipped kitchen, complete with walk-in coolers, and a full bar are key features. Recent renovations encompass new bathrooms, HVAC systems, and fire sprinklers. All furniture, fixtures, and equipment (FF&E) are included in the asking price, along with existing inventory. The business currently employs 15 people and the seller will provide two weeks of support and training. The owner is motivated to sell due to other interests. This turnkey operation in a desirable Worcester County location presents a strong investment opportunity with significant potential for growth. The address is undisclosed for confidentiality reasons.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8
- Latitude
- 42.26