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Property profile & analytics
OFF-MARKET Estimated value $1,070,000
Retail space

291 Main St Northborough, MA 01532-1648

8,000 SF 0.6 ac lot Built 1984
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US38-2164610
Property summary
AI-generated overview

This exceptional business opportunity presents the chance to acquire a well-established restaurant in the desirable town of Northborough, Massachusetts. Located on Main Street, this property boasts a prime location directly off Route 20, ensuring high visibility and significant foot traffic. Britney's Cafe, a beloved local eatery, has thrived in this location for over three decades, building a strong reputation and loyal customer base. The sale includes the entire turnkey operation, fully equipped and ready for immediate use. No need to source equipment or spend time on build-out

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Total area 8,000 SF
Lot 0.6 ac (26,136 SF)
Zoning code BE
APN NBOR M:0470 L:0006
UPID US38-2164610
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
  • Hannaco General Contracting Construction Company General Contractor
  • The Paint Circle Painting
  • Britney's Cafe Cafe & Coffee Shop
  • Odone Survey & Mapping Land Surveyor
  • O K Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.07M
Owner & transaction history
BATRUSTLETT CROSSING TRUST
BATRUSTLETT CROSSING TRUST
Zoning & alternative use
BE · Northborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

An accessory use shall be incidental and subordinate to the principal use on the lot. (2) An accessory use shall be located on the same lot as the principal residential or nonresidential use to which it is accessory, and shall not alter the character of the premises on which it is located or impair the area proximate to its location. E. Business and industri…

Zone name Business East
General category COMMERCIAL
Zone area 214.06 ac
Top alternative use upside
Restaurant $1.5M +20.2%
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