1393 Grafton St, Worcester, MA 01604-2733
- Super regional malls
- 13,000 SF
- 1.85 lot acres
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
- Zone code
- BL-1
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- WORC M:41 B:028 L:53-55
- APU
- WORCM41B028L5355
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 22, 2016 | — | Mcavey Realty LLC | — | Deed · related | $1.3M · Webster First FCU |
| Nov 28, 2007 | $1 | Tgl INC | Mcavey Rlty LLC | Grant Deed | — |
| Aug 1, 2006 | — | Mcavey Realty LLC | — | Deed Of Trust · related | $240k · Commonwealth National Bank |
| Sep 14, 2005 | $1 | Mcavey Rlty LLC | Mcavey,grainne A | Grant Deed · related | — |
| Sep 8, 2005 | $35,000 | Wolcott-marshall INC | Mcavey,grainne | Grant Deed | $1.5M · Commonwealth National Bank |
| Apr 25, 2005 | — | Grainne A Mcavey | — | Deed Of Trust · related | $60k · Commonwealth National Bank |
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
-
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 estimation — 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
