82 Wheelock Ave Millbury, MA 01527-3500
Property profile & analytics
82 Wheelock Ave Millbury, MA 01527-3500
- Turn key restaurants
- 3,290 SF
- 1.42 lot acres
Property ID
US38-0343195
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.
Location Intelligence
Current Use by Public Records
- Wheelock inn / Restaurant
Property Details for 82 Wheelock Ave
- Year built
- 1946
- Construction
- FRAME
- Lot size
- 1.42 lot acres
- Property size
- 3,290 SF
- Zone code
- R3
- Property type
- Turn key restaurants
- APN
- MILB M:016 B:0000101 L:
- APU
- MILBM016B0000101L
Description
This exceptional opportunity presents the sale of The Wheelock Inn, a well-established restaurant and bar located at 82 Wheelock Ave, Millbury, MA 01527. The property boasts a substantial 6,500 square feet of space situated on a 1.42-acre lot, providing ample room for both indoor and outdoor operations. The building features one story and includes 100 parking spaces, a significant advantage in a busy commercial area. The property is currently vacant, offering a blank canvas for a new owner to implement their vision. The sale includes a full liquor license, allowing for a wide range of beverage offerings. The existing infrastructure includes a full-service kitchen, walk-in coolers, a lobster tank, and outdoor dining capabilities. Previous renovations in 2007 further enhance the property's appeal. The property is zoned BL-1 and is priced at $900,000, translating to $138.46 per square foot. The sale also includes additional land beyond the immediate building footprint. This landmark establishment is ready for a new owner to capitalize on its established reputation and prime location in the Millbury community, near Worcester. The property's history of success, even during challenging economic times, speaks to its strong potential for future growth and profitability. This is a rare opportunity to acquire a turnkey operation with significant upside.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Millbury
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.749
- Latitude
- 42.2209
- 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
$4,844
$116,700
$249,400
$366,100
-
$0.00
$0.00
$0.00
