Property profile

531 Summer St Unit Food Window Barre, MA 01005

FOR LEASE
Other investment properties
Property ID
US38-0906564
2,347 SF 0.36 ac lot Built 1900
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

The property is a food service “window” setup that historically operated as a hot dog window service and is configured for quick-serve concepts such as coffee, ice cream, or sandwiches, subject to permitted-use requirements. The building has frontage on two streets, offering access from both sides, and includes ample off-street parking with space suitable for outdoor seating using pub tables. Interior features include a three-bowl scullery intended for utensil cleaning, a shared half bath, coin-operated laundry, and designated space for a cooler and storage for supplies. Operational utilities include metered electric paid by the user, and signage is handled by the tenant; prospective users should confirm permitted uses and any related requirements through due diligence.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 2,347 SF
Lot 0.36 ac (15,800 SF)
Zoning code TBD
APN BARR M:00EA B:0029 L:
UPID US38-0906564

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
  • Counselor Practitioner Service Location
  • Foster Care Service Social Service Agency

Location

531 Summer St, Unit Unit Food Window Barre, MA 01005
Barre metro Census 722100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2019
$190,000
2014
$165,000
2013
Price N/A
2010
Price N/A
1998
Price N/A
1993
Price N/A

Zoning & alternative use

TBD · Barre, 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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