About 61 - 63 Glenallen St
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.
Features of 61 - 63 Glenallen St
| MLS® # | 73484914 |
|---|---|
| Price | $375,000 |
| Year Built | 2006 |
| Type | Business Opportunity |
| Status | Active |
Community Information
| Address | 61 - 63 Glenallen St |
|---|---|
| Area | Winchendon Springs |
| City | Winchendon |
| County | Worcester |
| State | MA |
| Zip Code | 01475 |
Amenities
| Utilities | Public Water, Private Sewer, Bottled Gas |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Construction | Frame, Historic |
|---|
Additional Information
| Zoning | R-10 |
|---|
Listing Details
| Agent | Michelle Peterson |
|---|---|
| Office | Elm Grove Realty, LLC |