Property profile

139 Grn St Worcester, MA 01604

OFF-MARKET
Turn key restaurants
Property ID
US38-1828446
3,342 SF 0.13 ac lot Built 1925
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This turnkey restaurant and bar opportunity is located at 139 Green St, Worcester, MA 01604. The 3,350 square foot space sits on a 5,670 square foot lot and boasts a beautifully appointed interior. The main dining area comfortably seats 80 patrons, complemented by a 20-seat bar. Seasonal outdoor seating further expands capacity. The kitchen is fully equipped with a hood system, grease traps, and a dishwasher, ensuring efficient operation. A lower level features a prep kitchen and walk-in coolers, optimizing workflow and storage. This second-generation restaurant space benefits from its location in a high-traffic area, adjacent to Polar Park and the Worcester Public Market, guaranteeing significant foot traffic and visibility. The entire ±4,000 square foot building is included in the sale price. This exceptional opportunity combines a well-established business with a desirable location, making it an ideal investment for experienced restaurateurs. The property's prime location and existing infrastructure provide a solid foundation for continued success and growth. This is a rare chance to acquire a thriving business and building in a vibrant and expanding area of Worcester.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,342 SF
Lot 0.13 ac (5,670 SF)
Zoning code BG-4
APN WORC M:05 B:005 L:00015
UPID US38-1828446

Cap rate & NOI

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

Location

139 Grn St Worcester, MA 01604-4125
Worcester metro Census 732500 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$673k
Blend (final) Blend
$680k

Owner & transaction history

since 2024
Last sale
$680,000
7 recorded transactions
2024
$680,000
2020
Price N/A
2015
$460,000
2013
Price N/A
2011
Price N/A
2009
$388,725
2006
Price N/A

Zoning & alternative use

BG-4 · 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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