Property profile

0 Address Not Disclosed Worcester, MA 01601

OFF-MARKET
Retail properties & Spaces
4,000 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Address Not Disclosed Worcester, MA 01601
Worcester metro
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Value estimations

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Owner & transaction history

Comparables

4 recent transactions · within 1.5 mi
Comparable in this city
4 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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