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!
- Disclosure:
- looking for good credit tenant
- Area:
- Winchendon Springs
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- R10
- Orig Price:
- $450,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Winchendon
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01475
- Longitude:
- W73° 58' 36.6''
- Latitude:
- N42° 40' 58.8''
Commercial Sale
61 - 63 Glenallen St, Winchendon, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $450,000
- Square Footage :
- 3,555 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.41 Acre
- Listing ID :
- 73472490
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com