REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 435,000
Est. payment /mo
Price Dropped by $15K
61 - 63 Glenallen St Winchendon, MA 01475
3,555 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,555 sqft
Price per Sqft $122
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
Seller is willing to contribute $25K towards building renovations! 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 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
Nearby LOCATIONS