Property profile

244 Main St Worcester, MA 01608

OFF-MARKET
Turn key restaurants
Property ID
US38-1486611
19,950 SF 0.1 ac lot Built 1900
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,950 SF
Lot 0.1 ac (4,190 SF)
Zoning code BG-6
APN WORC M:02 B:027 L:00023
UPID US38-1486611

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
  • Park

Location

244 Main St Worcester, MA 01608-1202
Worcester metro Census 731700 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
$1.49M
Blend (final) Blend
$1.55M

Owner & transaction history

since 2017
7 recorded transactions
2017
$925,000
2008
$300,000
2005
Price N/A
2004
Price N/A
2003
Price N/A
2003
Price N/A
2001
Price N/A

Zoning & alternative use

BG-6 · Worcester, MA

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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