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166 Shrewsbury St

Worcester, MA 01604
  • $1,600,000
  • STATUS: Active
  • MLS #: 73245777
UPDATED: 100 min ago
$1,600,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,830
    SQFT
  • $331
    $/SQFT
Type:
Commercial
Built:
1968
County:

School Ratings & Info

Listing courtesy of Luiz Fernando Coelho of 1 Worcester Homes.

Description

Welcome to 166 Shrewsbury St, a mixed use property on one of Worcester's prime locations. The building consists of a 2415 square feet restaurant space with full basement on the first floor, the restaurant has seating for 107 people inside and 20 outside and is fully equipped and functional, on the second floor you'll find two spacious (2) bedroom apartments that will need to be finished. New HVAC has been installed and rough electrical and plumbing are done. This could be a very lucrative investment cash flowing about $8500-9000 per month in rent once the apartments have been finished. Come check it out and take advantage of everything this area has to offer with a vibrant restaurant scene and easy access to downtown, routes 9 and 290.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-07-21T16:05:31.267.
www.maloneypropertiesrealestate.com/homes/151208251
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166 Shrewsbury St Worcester, MA 01604

  • Price: $1,600,000
  • Status: Active
  • On Site: Days
  • Updated: 100 min ago
  • MLS #: 73245777
0
Beds
0
Baths
0
½ Baths
0.08
Acres
4,830
SQFT
$331
$/SQFT
1968
Built
County:
Worcester
Property Description
Welcome to 166 Shrewsbury St, a mixed use property on one of Worcester's prime locations. The building consists of a 2415 square feet restaurant space with full basement on the first floor, the restaurant has seating for 107 people inside and 20 outside and is fully equipped and functional, on the second floor you'll find two spacious (2) bedroom apartments that will need to be finished. New HVAC has been installed and rough electrical and plumbing are done. This could be a very lucrative investment cash flowing about $8500-9000 per month in rent once the apartments have been finished. Come check it out and take advantage of everything this area has to offer with a vibrant restaurant scene and easy access to downtown, routes 9 and 290.
Exterior Features

Parking Total 0 Roof Rubber Waterfront YN No

Interior Features

Building Area Total 4830

Property Features

Association YN No Buyer Agency Compensation 2 Disclosures Both apartments have new HVAC systemsrough plumbing and electrical done. There is no off street parking for the propertythe city of Worcester is building a new ball park with a public parking lot at the end of Risco Ct that will provide over 40 parking spaces for the area. Gross Income 60000 Home Warranty YN No Senior Community YN No Tax Annual Amount 10495 Tax Year 2023 Transaction Broker Compensation 1 Utilities Public WaterPublic SewerNatural Gas Available Zoning BG-3

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Luiz Fernando Coelho of 1 Worcester Homes: 508-459-1876.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-07-21T16:05:31.267.
 
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Listing courtesy of Luiz Fernando Coelho of 1 Worcester Homes.