Property profile

107 Water St Worcester, MA 01604

OFF-MARKET
Turn key restaurants
Property ID
US38-1396269
9,436 SF 0.23 ac lot Built 1930
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,436 SF
Lot 0.23 ac (10,011 SF)
Zoning code BG-3
APN WORC M:04 B:037 L:16+19
UPID US38-1396269

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bar & Pub
  • Restaurant

Location

107 Water St Worcester, MA 01604
Worcester metro Census 732500 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2021
1 recorded transaction
2021
$1.3M

Zoning & alternative use

BG-3 · Worcester, MA

Comparables

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