Technical
Financial
Distress signals
Property profile

648 Chandler St Worcester, MA 01602

OFF-MARKET
Turn key restaurants
Property ID
US38-0891640
1,218 SF 0.37 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,218 SF
Lot 0.37 ac (16,275 SF)
Zoning code BL-1
APN WORC M:40 B:010 L:00008
UPID US38-0891640

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

648 Chandler St Worcester, MA 01602-1755
Worcester metro Census 730700 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.30M

Owner & transaction history

since 2024
Last sale
$3.3M
5 recorded transactions
2024
$3.3M
1998
$500,000
1998
Price N/A
1995
Price N/A
1995
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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