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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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82 Wheelock Ave , Millbury, MA 01527
$1,100,000
Est. Payment: $2,444.44/mo
0 Bed
0 Bath
3700 Sqft
Status: Under Agreement | Days on site: 270
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K95633 - NB115046
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House Description

This is a highly ,profitable, turn- key restaurant and lounge-bar in a local hotspot in the outskirts of Worcester/ Millbury Community. The restaurant is well known for its comfort food, lobsters, fresh seafood, and a friendly place like Cheers neighborhood bar with loyal customers and including in all this is good profit .During COVID-19, this restaurant has proven that “when the going gets tough, the tough get going.” Boasting year-over-year growth even during these hard times, this family dining favorite has even further ingrained itself in the hearts and souls of its community. It is award-winning, with proprietary recipes, patio seating and picturesque views. Horseshoe Bar, lottery, entertainment license, outdoor dining, full service catering with truck, full clean kitchen, walk in coolers. lobster tank and 2007 renovations There is additional land included in this sale.. This Landmark is looking for a new owner has a full liquor license and full menu.

Highlights

Listed by Karynsue Marchione-Reilly , 508-410-8464 Park Place Realty Enterprises , 508-450-0030.

Property Type

Commercial Sale

Lot/Acreage
1.42

Year Built

1946

County

Worcester

Listing ID

73398758

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Other (See Remarks)
Principal Interest
$2,444
Taxes
$440

Home Price

$1,100,000

Loan Details

30 yrs
%

Down Payment

20%
$220,000
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Monthly Price:
$2,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,444.44 $440.00 $0.00 $2,884.44
Yearly $29,333.33 $5,280.00 $0.00 $34,613.33
Total $880,000.00 $158,400.00 $0.00 $1,038,400.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Millbury, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.