Property profile

631 Franklin St Worcester, MA 01604

OFF-MARKET
Turn key restaurants
Property ID
US38-0733137
1,624 SF 0.95 ac lot Built 1920
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Construction FRAME
Total area 1,624 SF
Lot 0.95 ac (41,350 SF)
Zoning code BL-1
APN WORC M:19 B:008 L:03+04
UPID US38-0733137

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

631 Franklin St Worcester, MA 01604-1802
Worcester metro Census 732203 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$535k
Blend (final) Blend
$725k

Owner & transaction history

since 2023
Last sale
$700,000
7 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2022
$700,000
2021
Price N/A
2020
Price N/A
2020
Price N/A

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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