Property profile

18 Summer St Westborough, MA 01581

OFF-MARKET
Turn key restaurants
Property ID
US38-1036678
656 SF 0.17 ac lot Built 1970
Trust Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction STEEL FRAME
Total area 656 SF
Lot 0.17 ac (7,301 SF)
Zoning code BB
APN WBOR M:0020 B:000286 L:0
UPID US38-1036678

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

18 Summer St Westborough, MA 01581-1524
Westborough metro Census 742300 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2016
6 recorded transactions
2022
Price N/A
2018
Price N/A
2016
Price N/A
2016
$360,000
1991
$185,000
1990
Price N/A

Zoning & alternative use

BB · Westborough, MA
Zoning description

Projects in the Downtown Business District (BB) shall require a positive recommendation of the Design Review Board in accordance with § 3.6 . Projects in the SLO, but outside of the Downtown Business District, shall comp…

General category COMMERCIAL

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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