290 Thompson Rd Webster, MA 01570-1507
This exceptional 7,000-square-foot commercial property, located at 290 Thompson Road in Webster, Massachusetts, presents a unique opportunity for restaurant or retail ventures. The single-tenant building boasts a fully furnished and equipped interior, ready for immediate occupancy. Features include a spacious bar area with ample seating, a sizable dining room, and a fully operational kitchen. A complete inventory of essential equipment is included, from glassware and silverware to tables and chairs, ensuring a seamless transition for new operators. The property benefits from a full liquor license, a significant advantage for prospective restaurateurs. With a rich history as the popular Colonial Restaurant, this establishment enjoys a prime location in the Webster Lake region, easily accessible from Route 395, exit 1. Ample parking is provided with over 200 spaces. Its convenient location near Lake Chargoggagoggmanchauggagoggchaubunagungamaugg and its proximity to the Connecticut border attract a diverse customer base from Webster and the surrounding Thompson area. This turnkey operation is poised for immediate success, offering a rare chance to acquire an established and well-regarded business in a desirable lakeside setting. The property is situated in Worcester County, Massachusetts, with a 01570 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB-5 W · Webster, MAWebster. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.