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    0000 000000000000000 Worcester, MA 00000

    • Retail properties
    • 3,000 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0000 000000000000000

    Lot size
    0.07 lot acres
    Property size
    3,000 SF
    Property type
    Retail properties
    Property subtype
    Bars

    Description

    This thriving bar in Worcester, Massachusetts presents a unique investment opportunity. Located in a prime college neighborhood near Clark University and Holy Cross College, this 3,000 square foot establishment boasts a strong reputation and consistent clientele. The property sits on a 0.07-acre lot and includes a fully renovated interior featuring a bar/lounge area, a dining room with tables, and a small café kitchenette equipped with two to three single three-bay sinks and a grease trap. Recent upgrades include a brand-new HVAC system, renovated bathrooms, and a handicap-accessible entrance. The business model is well-established, offering high-quality cocktails and a welcoming atmosphere. Popular events include motorcycle karaoke, outdoor entertainment, and tarot reading parties. The location, near Crystal Park and Webster Square, provides excellent visibility and accessibility. This turnkey operation offers significant potential for expansion and increased profitability, making it an attractive investment for discerning buyers. The property's strong reviews and loyal customer base provide a solid foundation for continued success. Financial details are available upon request. This is a rare opportunity to acquire a well-established and profitable business in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7588
    Latitude
    42.2717
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    0000 000000000000000
    Worcester, MA 00000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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