Property profile

135 Westminster St Fitchburg, MA 01420

OFF-MARKET
Turn key restaurants
Property ID
US38-0888707
1,224 SF 0.2 ac lot Built 1920
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 135 Westminster Street in Fitchburg, MA, presents a unique investment opportunity. Situated on a 0.2-acre lot, this well-established business, known as "The Log Cabin," enjoys a prime location on a high-traffic road in West Fitchburg. The property has undergone significant recent upgrades, enhancing its functionality and appeal. These improvements include a complete electrical system overhaul, renovated restrooms, the reconstruction of an interior wall, the installation of newer coolers, a new oil tank, and the addition of a deck overlooking the river. The current configuration offers a solid foundation for continued success, but the property's versatility allows for a wide range of future business ventures. The high visibility and convenient location make this an ideal space for a variety of commercial uses. The property's strong history combined with its recent renovations makes this a turn-key operation ready for a new owner to capitalize on its existing success and explore further growth opportunities. The asking price is $449,900. Serious inquiries are encouraged to schedule a private viewing and explore the potential of this remarkable commercial property.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Construction FRAME
Total area 1,224 SF
Lot 0.2 ac (8,725 SF)
Zoning code NB
APN FITC M:0175 B:0012 L:0
UPID US38-0888707

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
  • Car Rental Facility

Location

135 Westminster St Fitchburg, MA 01420-3726
Fitchburg metro Census 710300 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Zoning & alternative use

NB · Fitchburg, MA
General category COMMERCIAL

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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