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Property profile & analytics

139 Grn St Worcester, MA 01604-4125

  • Turn key restaurants
  • 3,342 SF
  • 0.13 lot acres
OFF-MARKET
Last Sale
Jun 13, 2024
$680,000
Value Estimations
$680,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-1828446
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 139 Grn St

Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.13 lot acres
Property size
3,342 SF
Zone code
BG-4
Property type
Turn key restaurants
APN
WORC M:05 B:005 L:00015
APU
WORCM05B005L00015

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $680,000
    ML approach
    $680,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $673,000
    Market price range: $448k - $1.10M
  • Alternative Use

    Use
    Estimation
    RESTAURANT
    $695,000
    Current use
    AUTO REPAIR, GARAGE
    $570,000
    Change: -18% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Worcester
County
Worcester
State
Massachusetts
Longitude
-71.7982
Latitude
42.2565
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,591
$294,700
$224,300
$519,000
-
$0.00
$0.00
$0.00
More about this property
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