Additional details

$385,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73484914
Year Built 2006
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.
Location
State MA
County Worcester
Area Winchendon Springs
Zoning R-10
Direction From Route 12 the building is .6 miles up on the right.
Exterior
Utilities Available Public Water, Private Sewer, Bottled Gas
Others
Senior Community false
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Listed by Elm Grove Realty, LLC
Nearby School & Business
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Tiffany Jacquier
Broker | License ID: 9530613, 0790302
Broker License ID: 9530613, 0790302
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