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10 Baldwinville Rd 7,904 SF Retail Building Templeton, MA 01468 $1,995,000 ($252.40/SF)

INVESTMENT HIGHLIGHTS
- Landmark property, completely rebuilt, offering turnkey opportunity to own a successful restaurant and catering business. Potential B&B/Country Inn
EXECUTIVE SUMMARY
The owners of KRO’S on The Common are retiring! After many years of tireless effort establishing one of the best restaurants in Worcester County, they hope to see this beloved restaurant and landmark property find new owners committed to a continued tradition of quality, value and service. KRO’S on The Common, once the Elsa Stone house, has a storied history in the town dating back to 1770. It was a private school for boys, and, for a time, Templeton’s Town Hall. The building and additions, substantially rebuild by the current owners, offer almost 7500 square feet of interior space in turnkey condition. This historic property with its charming restaurant and catering business, complete with full liquor license, is a favored destination for many area residents. It's also a residence.The second floor encompasses 4 bedrooms, a spacious living/dining area, kitchen & bath. Does your vision include a B&B? A Country Inn? The next chapter of KRO’S future is just waiting for your imagination!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,904 SF
Building Class
C
Year Built/Renovated
1790/2018
Price
$1,995,000
Price Per SF
$252.40
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
2.50 AC
Zoning
Comm
Frontage
100’ on Baldwinvile Rd.
AMENITIES
- Restaurant
PROPERTY TAXES
| Parcel Number | TEMP-000101-000005 | Improvements Assessment | $591,200 |
| Land Assessment | $48,100 | Total Assessment | $639,300 |
PROPERTY TAXES
Parcel Number
TEMP-000101-000005
Land Assessment
$48,100
Improvements Assessment
$591,200
Total Assessment
$639,300
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Presented by
Channing Real Estate
10 Baldwinville Rd
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