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    OFF-MARKET
    Retail properties & Spaces

    0 Pizza Shop, Worcester, MA 01602

    2,500 SF Built 1979
    Property ID
    Property summary
    AI-generated overview

    This well-established Worcester, MA pizzeria, built in 1979, presents a unique opportunity. Spanning 2,500 square feet, this restaurant boasts a fully equipped kitchen and both dine-in and takeout areas, reflecting its old-world charm. Currently operating four days a week, the business generates a gross annual revenue of $515,000 with a monthly rent of $3,100. The sale includes $7,500 in inventory and $50,000 in furniture, fixtures, and equipment. The current owners, operating for 45 years, are retiring, offering a turnkey operation with two weeks of support and training. While facing consistent competition, the potential for growth and expansion is significant, given the current limited operating hours. Located in Worcester County, MA, zip code 01602, this business employs five people. The asking price is $199,000.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1979
    Total area 2,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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