Property profile

308 Grafton St Worcester, MA 01604

OFF-MARKET
Turn key restaurants
Property ID
US38-0586781
1,284 SF 0.09 ac lot Built 1965
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,284 SF
Lot 0.09 ac (3,737 SF)
Zoning code BL-1
APN WORC M:04 B:029 L:00001
UPID US38-0586781

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
  • Bakery Specialty Food Shop

Location

308 Grafton St Worcester, MA 01604-3752
Worcester metro Census 732400 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2000
$115,500
1998
$85,000
1996
$85,000
1996
$90,000
1993
Price N/A
1990
$20,000

Zoning & alternative use

BL-1 · 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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