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    Property profile & analytics
    OFF-MARKET Estimated value $680,000
    Turn key restaurants

    139 Grn St, Worcester, MA 01604-4125

    3,342 SF 0.13 ac lot Built 1925
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US38-1828446
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Lameima LLC · 2 yrs held
    Lameima LLC
    since 2024
    Last sale
    $680,000
    7 recorded transactions
    2024
    $680,000
    2020
    2015
    $460,000
    2013
    2011
    2009
    $388,725
    2006
    Zoning & alternative use
    BG-4 · Worcester, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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