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31383356

000 Park Ave, Worcester, MA 01609

EC
128363
Century 21 North East
Listed by Century 21 North East
$1,800,000
90 days on market
Updated 90 days ago

000 Park Ave

Details
Property Type Mixed Use
Sub Type Add 1-3
Square Footage 5,316
Net Rentable (SqFt) 4,779
Units 3
Cap Rate 5.52%
NOI $99,327
Price per SqFt $339
Year Built 1955
Buildings 1
Acreage 0.170
Zoning BG-3
Sale Condition 1031 exchange

Mixed Use | 5.52% CAP | 5,316 SqFt

Marketing description

Rare opportunity to acquire a freestanding turn-key restaurant & bar + mixed-use building. Three-story mixed-use property featuring a fully builtout restaurant and bar, private patio space, and a residential unit located in

a high-traffic commercial corridor in Worcester, MA. The property sits on approximately 0.17 acres and consists of approximately 5,316 SF across three levels. The first floor features a 96-seat fully equipped restaurant and bar

with dining area and access to a 20-seat outdoor patio, providing strong visibility and customer appeal. The second floor includes a private function space accommodating approximately 52 guests, ideal for private events,

parties, and corporate gatherings. The third floor features a three-bedroom residential unit, offering potential owner occupancy or additional rental. Single-tenant triple net (NNN) lease structure opportunity. Owner Financing available pending offer and terms

income. Confidential Listing, NDA required for address, financial info, etc.

Investment highlights

  • High-performing intersection with excellent visibility.
  • Ample parking available with over 12 parking spaces for customers and
  • employees.
  • Signage opportunities visible along a high-traffic street
  • Property is strategically located with direct frontage on high-traffic
  • street.
  • Prime stand-alone structure with an opportunity for a tenant on a NNN
  • lease.
  • Liquor license NOT included
  • Single-tenant triple net (NNN) lease structure opportunity

Listing Contacts

EC
128363
Century 21 North East
Listed by Century 21 North East

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$99,327.00
$8,277.25/mo

Valuation Metrics

0
DSCR
5.52%
Cap Rate
5.52%
ROI

Map

Zoning

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RS-10 ResidentialSingle FamilySingle Family Residential 10000 Square Feet Minimum Lot Size
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View all 106 uses
View all 106 uses
Last updated Apr 16, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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