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Financial
Distress signals
Property profile

895 Main St Worcester, MA 01610

FOR SALE
Turn key restaurants
Property ID
US38-0807335
2,888 SF 0.22 ac lot Built 1920
Last sale May 2017 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
895 Main St, Worcester, MA 01610 For Sale 1 / 6
$295,000 2,888 SF
895 Main St, Worcester, MA 01610
View Listing

Property summary

AI-generated overview

The property is a restaurant, bar, and entertainment venue totaling approximately 2,910 square feet, located on Main Rd in Worcester, Massachusetts, in an area with high traffic and near Polar Park and Clark University. It includes more than 35 off-street parking spaces. The business is associated with a transferable liquor and entertainment license, and the premises have been equipped with furniture, fixtures, and equipment; the sale of the property bundle has historically included inventory and related operational assets such as established goodwill and reputation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$421k
Assessed land$174k
Assessed improvement$247k
Effective rate3.00%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$220k
Vacancy & credit loss−$12k
Operating expenses−$52k
NOI · 52.92% cap applied$156k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$208/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$134 – $329
Qualifying comparables4

Cap rate analysis

How does the asset earn?
52.92%
$156k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BL-1
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service9.4
Dry Cleaner9.3
Carpet & Flooring Store9.1

Location

895 Main St Worcester, MA 01610
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
26 Washburn, Worcester, MA 01610-2638 $387,000 Dec 2024 3,320 SF
45 Grosvenor, Worcester, MA 01610-2702 $125,000 Jul 2024 3,000 SF
82 Millbury, Worcester, MA 01610-2814 $350,000 Feb 2024 2,567 SF
385 Park, Worcester, MA 01610-1026 $450,000 Apr 2022 2,660 SF
721 Main, Worcester, MA 01610-3162 $675,000 Mar 2021 2,988 SF
13 Lamartine, Worcester, MA 01610-2738 $1,750,000 Mar 2021 3,465 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $225,000
    2,600 SF
    417 Park Ave
    SHOW ROOM, WAREHOUSE
    417 Park Ave, Worcester, MA 01610
    View Details
  • Value Estimation
    $360,000
    2,600 SF
    144 Vernon St
    RETAIL STORES (PERSONAL SERVICES)
    144 Vernon St, Worcester, MA 01610-2157
    View Details
  • Value Estimation
    $350,000
    2,567 SF
    82 Millbury St
    RETAIL STORES (PERSONAL SERVICES)
    82 Millbury St, Worcester, MA 01610-2814
    View Details
  • Value Estimation
    $245,000
    2,400 SF
    75th Hammond St
    SHOW ROOM, WAREHOUSE
    75th Hammond St, Worcester, MA 01610-1723
    View Details
  • Value Estimation
    $440,000
    2,300 SF
    433 Park Ave
    RESTAURANT
    433 Park Ave, Worcester, MA 01610-1335
    View Details
  • Value Estimation
    $1,600,000
    2,110 SF
    7 12th Lamartine St
    SHOW ROOM, WAREHOUSE
    7 12th Lamartine St, Worcester, MA 01610-2738
    View Details

Similar Nearby for Sale

  • Contact for pricing
    2,515 SF
    7-Eleven Convenience Store
    Freestanding convenience retail asset leased under a corporate-backed NNN agreement.
    409 Park Avenue, Worcester, MA 01610
    View Details
  • Contact for pricing
    2,515 SF
    7-Eleven Net-Leased Investment Opportunity
    Single-tenant 7-Eleven in Worcester, MA with NNN lease.
    409 Park Ave, Worcester, MA 01610
    View Details
  • New
    $1,449,900
    4,201 SF
    Mixed-Use Property with Three Commercial Units
    1920 building combines residential apartments, storefront space, parking, and updated units in a multi-level configuration.
    377 Park Avenue, Worcester, MA 01610
    View Details
  • New
    Contact for pricing
    900 SF
    Move-In Ready Storefront
    Professional commercial space with street parking and a configuration suited to several small-business uses.
    379 Park Ave Unit B, Worcester, MA 01610
    View Details
  • Contact for pricing
    14,958 SF
    Leased Retail Storefront
    The property is occupied under a long-term triple-net lease with an established furniture and mattress retailer.
    574 Southbridge Street, Worcester, MA 01610
    View Details

Similar Nearby for Lease

  • Contact for pricing
    3,087 sqft
    Retail Space with Parking Garage
    Retail and restaurant/service amenity space is planned for delivery in Spring 2023, with a 350-car parking garage plus additional parking.
    1 Green Island Blvd, Worcester, MA 01610
    View Details
  • Contact for pricing
    2,100 sqft
    Grocery-Anchored Retail Space
    Retail space for rent within a grocery-anchored shopping center anchored by a high-volume PriceRite store.
    544 Southbridge St, Worcester, MA 01610
    View Details
  • $1,575/Mo
    900 sqft
    Move-In Ready Storefront Space
    Professional commercial space with street parking and immediate availability for business occupancy.
    379 Park Ave B, Worcester, MA 01610
    View Details
  • New
    $1,575/Mo
    900 sqft
    Move-In Ready Storefront Space
    Professional commercial space with street parking and immediate availability for a range of small-business uses.
    379 Park Avenue, Unit B, Worcester, MA 01610
    View Details
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