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Individually Owned Property summary
This exceptional commercial property, located at 1030 Central Street in Leominster, Massachusetts, presents a unique investment opportunity. The 0.55-acre lot encompasses a 4,534 square foot building, previously operating as a successful restaurant and bar. The property boasts ample parking, catering to the high volume of traffic on Route 12, a busy thoroughfare. The interior features a fully equipped kitchen, ready for immediate use, a substantial bar area perfect for entertaining, a… walk-in cooler for efficient food storage, a stage ideal for live performances or events, and a dedicated pool room complete with tables. Its strategic location on the south side of Route 12 places it directly across from a large strip mall, ensuring high visibility and foot traffic. The property's history as a thriving business speaks to its potential for continued success under new ownership. While interior photos are forthcoming, the existing infrastructure and prime location make this a compelling investment opportunity in a vibrant commercial area of Worcester County. The asking price is $700,000. This property is zoned for commercial use and offers significant potential for a variety of businesses. The property is located in zip code 01453.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 4,534 SF
- Lot area
- 0.55 ac
- Year built
- 1955
- Stories
- 1
- APN
- LEOM M:0317 B:0008 L:0000
- Assessed value · 2024
- $600,300
- Annual tax · 2024
- $8,710
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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