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    Property profile & analytics

    414 Chandler St Worcester, MA 01602-3328

    • Turn key restaurants
    • 1,398 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $130,000
    Last Sale
    Oct 25, 2023
    $140,000
    Location Intelligence
    Property ID
    US38-0912826
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 414 Chandler St

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.16 lot acres
    Property size
    1,398 SF
    Zone code
    BL-1
    Property type
    Turn key restaurants
    APN
    WORC M:14 B:001 L:0007B
    APU
    WORCM14B001L0007B

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8338
    Latitude
    42.2638
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,523
    $152,600
    $231,000
    $383,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,460 SF

      268 Chandler St

      RESTAURANT • 4,460 SF
      268 Chandler St, Worcester, MA 01602-3406
      View Details
    • Value Estimation
      $3,370,000
      1,218 SF

      648 Chandler St

      RESTAURANT • 1,218 SF
      648 Chandler St, Worcester, MA 01602-1755
      View Details
    • Value Estimation
      $590,000
      1,848 SF

      643 Chandler St

      RESTAURANT • 1,848 SF
      643 Chandler St, Worcester, MA 01602-1754
      View Details
    • Value Estimation by Request
      3,650 SF

      595 Ml St

      RESTAURANT • 3,650 SF
      595 Ml St, Worcester, MA 01602-2447
      View Details
    • Value Estimation
      $420,000
      5,019 SF

      272 Ml St

      RESTAURANT • 5,019 SF
      272 Ml St, Worcester, MA 01602-3113
      View Details
    • Value Estimation
      $410,000
      3,172 SF

      117 June St

      RESTAURANT • 3,172 SF
      117 June St, Worcester, MA 01602-2948
      View Details

    Similar Nearby for Sale

    • $1,600,000

      Freestanding Restaurant NNN Investment Opportunity

      Turnkey restaurant, fully leased, strong traffic, stable returns.
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      Commercial Lot in Worcester

      Prime commercial land in a sought-after Worcester location.
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      Turnkey Multifamily in Worcester's West Side

      Updated 3-family property near Worcester State University.
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    Similar Nearby for Lease

    • $5,500 /Mo

      Restaurant Space in Tatnuck Neighborhood

      Turn-key restaurant opportunity in Worcester's Tatnuck neighborhood.
      643 Chandler St, Worcester, MA 01602
      View Details
    • $17 SF/Yr
      800 SF

      Retail Space in Tatnuck Square

      Retail space for lease in well-maintained building with parking.
      1096-1102 Pleasant St, Worcester, MA 01602
      View Details
    • $2,600 /Mo
      1,285 SF

      Renovated Retail Space on Chandler

      Recently renovated retail/office space in a high-traffic location.
      376 Chandler St, Worcester, MA 01602
      View Details
    • $1,250 /Mo
      150 SF

      Worcester Office Space For Lease

      Office spaces available in well-maintained Worcester building with parking.
      100 June St, Worcester, MA 01602
      View Details
    • $3,000 /Mo

      Office Space in Tatnuck Square

      Office space for rent with utilities and parking included.
      1106 Pleasant St, Worcester, MA 01602
      View Details
    • $1,000 /Mo

      Office Space For Rent

      Approx. 600 sq ft office space for rent.
      335 Chandler St, Worcester, MA 01602
      View Details
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    414 Chandler St
    Worcester, MA 01602-3328
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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