Property profile

1283 Main St Worcester, MA 01603

OFF-MARKET
Turn key restaurants
Property ID
US38-0833780
1,908 SF 0.53 ac lot Built 2003
Individually Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Construction FRAME
Total area 1,908 SF
Lot 0.53 ac (23,097 SF)
Zoning code BL-1
APN WORC M:15 B:026 L:00004
UPID US38-0833780

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
  • Bakery Specialty Food Shop

Location

1283 Main St Worcester, MA 01603-1831
Worcester metro Census 733102 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2013
6 recorded transactions
2013
Price N/A
2004
Price N/A
2003
Price N/A
2001
Price N/A
2000
Price N/A
1998
Price N/A

Zoning & alternative use

BL-1 · 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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