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61 - 63 Glenallen St, Winchendon, MA 01475

$450,000
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Active
SQUARE FEET3,555 MLS#73472490
STATUSActive PROPERTY TYPECommercial - Business

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. Dont miss the chance to own this landmark!

61 - 63 Glenallen St | MLS# 73472490

This commercial property located at 61 - 63 Glenallen St, Winchendon, MA 01475 is currently listed for sale with an asking price of $450,000. Search Winchendon real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.41 Acres
Roof Type: Tar/Gravel
Taxes: $2,201
Year Built: 1900

Feature Descriptions

Building Area Total: 3555
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 34
Frontage: 87.00
Rental Term: Monthly
Utilities: Public Water, Private Sewer

Listed By / Shown By

Listed By

Agency Name: Elm Grove Realty, LLC
Agency Phone: 603-821-0077
Agent Name: Michelle Peterson

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