112 Grn St Worcester, MA 01604-4126

Property Details for 112 Grn St

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.08 lot acres

Property size

2,838 SF

Zone code

BG-4

Property type

Turn key restaurants

APN

WORC M:04 B:021 L:00022

APU

WORCM04B021L00022

Description

This exceptional investment opportunity presents a thriving restaurant and building situated in Worcester's vibrant Canal District. Located directly across from Polar Park, home of the Worcester Red Sox, this property benefits from unparalleled visibility and foot traffic. The recent completion of The Cove, a 171-unit residential development directly across the street, further enhances the property's desirability and ensures a consistent flow of potential customers. This prime location, at the heart of a rapidly expanding area, guarantees a strong and reliable customer base, attracting both local residents and WooSox fans. The 0.08-acre lot provides ample space for the existing building and potential future expansion. This is a rare chance to acquire a well-established business with significant growth potential in a highly sought-after location. The property's strategic positioning within the Canal District, coupled with the ongoing development and revitalization of the area, makes this an exceptional investment opportunity with significant long-term prospects. The high volume of foot traffic generated by the ballpark and the new residential complex ensures a steady stream of customers, making this a truly attractive proposition for discerning investors seeking a profitable and established business. The asking price for this turnkey operation is $2,100,000. This includes the building and the established restaurant business. Serious inquiries only.

Location Insight

City

Worcester

County

Worcester

State

Massachusetts

Longitude

-71.7977

Latitude

42.2573

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments