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61 - 63 Glenallen St

Winchendon, MA 01475
  • $399,000
  • STATUS: Price Changed
  • MLS #: 73472490
Price Reduced
UPDATED: 48 min ago
$399,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,555
    SQFT
  • $112
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Listing courtesy of Michelle Peterson of Elm Grove Realty, LLC.

Description

SELLER WILL CONSIDER SELLER FINANCING!!! 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.

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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 2026-05-21T00:03:55.15.
www.exitcaperealty.com/homes/172539905
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61 - 63 Glenallen St Winchendon, MA 01475

  • Price: $399,000
  • Status: Price Changed
  • On Site: Days
  • Updated: 48 min ago
  • MLS #: 73472490
0
Beds
0
Baths
0
½ Baths
0.41
Acres
3,555
SQFT
$112
$/SQFT
1900
Built
Neighborhood:
Winchendon Springs
County:
Worcester
Area:
Winchendon Springs
Property Description
SELLER WILL CONSIDER SELLER FINANCING!!! 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.
Exterior Features

Frontage Length 87.00 Roof Tar/Gravel Waterfront YN No

Interior Features

Building Area Total 3555

Property Features

Association YN No Disclosures Stairs to apartment encroach on neighboring property. See deed for all easements. Gross annual income is from the apartment only. At will tenant pays $1200 per month heat and hot water included. Title V to be done prior to closing. Gross Income 14400 Home Warranty YN No Senior Community YN No Tax Annual Amount 2201 Tax Year 2025 Utilities Public WaterPrivate Sewer Zoning R10

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Michelle Peterson of Elm Grove Realty, LLC: 603-821-0077.


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 2026-05-21T00:03:55.15.
 
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EXIT Cape Realty
4527 Falmouth Rd
Cotuit MA, 02635
Listing courtesy of Michelle Peterson of Elm Grove Realty, LLC.