$385,000

61 - 63 Glenallen St, WINCHENDON, WINCHENDON, MA 01475

0Beds
3Baths
-Sq Ft
2006Built
HomeType

About this home

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.

Property details

MLS #
73484914
Property type
Home
Year built
2006
Status
Active
Listed by
Boston Realty

Listed 3 days ago

Facts & features

Listing
For sale
MLS #
73484914
Lead paint
Built after the 1978 ban Registry

Location

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Nearby

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