Rare opportunity to acquire a freestanding turn-key restaurant & bar + mixed-use building. Three-story mixed-use property featuring a fully buildout 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 1st 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 2nd floor includes a private function space accommodating approximately 52 guests, ideal for private events, parties, and corporate gatherings. The 3rd floor features a three-bedroom residential unit, offering potential owner occupancy or additional rental income. Ample parking available with over 12 parking spaces for customers and employees. Prime stand-alone structure with an opportunity for a single tenant on an NNN lease structure
000 Park Ave, Worcester, MA, 01609
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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