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Property profile & analytics
OFF-MARKET
Investment properties

267 Main St 283 Webster, MA 01570-2213

32,709 SF 0.35 ac lot Built 1910
Individually Owned 1-yr Hold Free & Clear
Property ID
US38-1610397
Property summary
AI-generated overview

This exceptional business opportunity presents the chance to acquire a thriving Latin fusion restaurant, El Morro Bar and Grill, situated at 267 Main Street in the heart of Webster, MA. The restaurant boasts a fully equipped kitchen and a valid liquor license, ensuring a seamless transition for a new owner. Located in a high-traffic commercial area, the property enjoys excellent visibility and ample parking, both on and off-street. The casual dining atmosphere is complemented by comfortable seating for 40 patrons inside and an additional 12 seats on the outdoor patio during warmer months. The 0.34-acre lot provides convenient access and a welcoming presence for customers. This turnkey operation is ideal for experienced restaurateurs seeking an established business or investors looking for a lucrative venture in a vibrant downtown location. The existing infrastructure and loyal customer base provide a solid foundation for continued success and growth. All equipment is included in the sale price of $125,000. This is a rare opportunity to own a well-established restaurant in a prime location with significant potential for increased profitability. Don't miss out on this chance to own a piece of Webster's thriving culinary scene. Serious inquiries only.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 32,709 SF
Lot 0.35 ac (15,115 SF)
Zoning code GB-4 W
APN WEBS M:1 B:G P:7
UPID US38-1610397
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
Current use
Occupant on record · Public records
  • El Morro Bar and Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pb Webster RT · 1 yrs held
Pb Webster RT
since 2024
Last sale
$64,000
3 recorded transactions
2024
Price N/A
2018
$2.0M
2005
$64,000
Zoning & alternative use
GB-4 W · Webster, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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