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$ 450,000
Est. payment | /mo
3,555 SqFt
$ 450,000
Est. payment | /mo
3,555 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,555 sqft
Price per Sqft $126
MLS Listing ID 73472490
HOA Y/N false
Year Built 1900
Annual Tax Amount $2,201
Tax Year 2025
Lot Size 0.410 Acres
Acres 0.41
Property Description
This is a fantastic opportunity for someone who wants multiple streams of income. The building offers a two-bedroom apartment that would be great for owner-occupant use or revenue production, and a 95-seat restaurant in operation for 20 years. The restaurant has proven to be a staple in the community, serving breakfast, lunch, and dinner, as well as hosting many private functions, which is no surprise, as this building has been a place to gather since the prohibitions in the 1930's. Consider many options: continue as a thriving restaurant/bar, convert to multi-family housing (town approval required), or reimagine as office space, a bewery, a gift shop, or a creative venue. Upgrades during the current ownership include a commercial-grade septic system, electric upgrades, new water heaters, and an oil tank. This is a turnkey opportunity with immediate cash flow or limitless redevelopment potential. Don't miss the chance to own this landmark!
Location
State MA
County Worcester
Area Winchendon Springs
Zoning R10
Direction From Route 12 the building is .6 miles up on the right.
Exterior
Utilities Available Public Water, Private Sewer
Roof Type Tar/Gravel
Others
Senior Community false
Listed by Elm Grove Realty, LLC
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