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Property profile & analytics

1393 Grafton St Worcester, MA 01604-2733

  • Super regional malls
  • 13,000 SF
  • 1.85 lot acres
OFF-MARKET
Value Estimations
$1,575,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-0602429
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

  • Wendy Burdett - CMG Home Loans Mortgage Loan Officer NMLS# 40660 / Loan Service / Bank
  • Mathieu Tebo | Homebridge | Sales Manager, Mortgage Loan Originator / Loan Service / Bank
  • Milly Potter - CMG Home Loans / Loan Service / Bank
  • Mrs Mack's Bakery & Restaurant / Bakery / Specialty Food Shop
  • Vicky McSweeney - CMG Home Loans / Loan Service / Bank

Property Details for 1393 Grafton St

Year built
2006
Construction
FRAME
Lot size
1.85 lot acres
Property size
13,000 SF
Zone code
BL-1
Property type
Super regional malls
Property subtype
Shopping centers
APN
WORC M:41 B:028 L:53-55
APU
WORCM41B028L5355

Description

La Cucina Italia, located at 1393 Grafton St. in Worcester, MA, presents a unique opportunity for acquisition. Established in 2015, this beloved restaurant has built a strong reputation and loyal customer base within the Worcester community, carrying on the tradition of a well-known Shrewsbury Street Italian restaurant. The business boasts strong gross annual sales, reflecting its consistent popularity and profitability. The restaurant itself is filled with character, featuring antique doors adorned with wedding photos, creating a warm and inviting atmosphere. The menu features authentic Italian cuisine, utilizing locally-sourced ingredients and cherished family recipes passed down through generations. Daily specials highlight seasonal flavors and culinary creativity, ensuring a consistently fresh and exciting dining experience. Ample parking is available for patrons, adding to the convenience and appeal of the location. This turnkey operation offers a rare chance for an investor or chef-owner to step into a thriving business with deep roots in Worcester's culinary scene and significant growth potential. The asking price is $399,900. This is an exceptional opportunity to own a piece of Worcester's rich culinary heritage.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,925,000
    Market price range: $1.04M - $2.19M
  • Alternative Use

    Use
    Estimation
    NEIGHBORHOOD: SHOPPING CENTER
    $1,640,000
    Current use
    AUTO REPAIR, GARAGE
    $2,220,000
    Change: +35% Conversion: Difficult
    RETAIL STORES
    $1,900,000
    Change: +16% Conversion: Easy
    OFFICE BUILDING
    $1,620,000
    Change: -1% Conversion: Moderate
    APARTMENT HOUSE (5+ UNITS)
    $1,560,000
    Change: -5% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $1,440,000
    Change: -12% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Worcester
County
Worcester
State
Massachusetts
Longitude
-71.7466
Latitude
42.2346
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
$44,438
$835,500
$643,800
$1,479,300
-
$0.00
$0.00
$0.00
More about this property
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