82 Wheelock AveMillbury, MA 01527

Property Details for 82 Wheelock Ave

Year built

1946

Construction

FRAME

Lot size

1.42 AC

Property size (Sq ft)

3,290 SF

Zone code

R3

Property type

Retail properties

Property subtype

Turn key restaurants

APN

MILB M:016 B:0000101 L:

APU

MILBM016B0000101L

Description

This exceptional opportunity presents the sale of The Wheelock Inn, a well-established restaurant and bar located at 82 Wheelock Ave, Millbury, MA 01527. The property boasts a substantial 6,500 square feet of space situated on a 1.42-acre lot, providing ample room for both indoor and outdoor operations. The building features one story and includes 100 parking spaces, a significant advantage in a busy commercial area. The property is currently vacant, offering a blank canvas for a new owner to implement their vision. The sale includes a full liquor license, allowing for a wide range of beverage offerings. The existing infrastructure includes a full-service kitchen, walk-in coolers, a lobster tank, and outdoor dining capabilities. Previous renovations in 2007 further enhance the property's appeal. The property is zoned BL-1 and is priced at $900,000, translating to $138.46 per square foot. The sale also includes additional land beyond the immediate building footprint. This landmark establishment is ready for a new owner to capitalize on its established reputation and prime location in the Millbury community, near Worcester. The property's history of success, even during challenging economic times, speaks to its strong potential for future growth and profitability. This is a rare opportunity to acquire a turnkey operation with significant upside.

Location Insight

City

Millbury

County

Worcester

State

Massachusetts

Latitude

42.2209

Longitude

-71.749

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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