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175 Main St 5,000 SF 100% Leased Retail Building Webster, MA 01570 $625,000 ($125/SF) 8% Cap Rate
Investment Highlights
- Sale Price: $675,000
- Zoning: GB-4
- Unit Breakdown: 3,800 SF restaurant | 1,200 SF two bed apartment
- Building Size: 5,001 SF
- Parking: Municipal lot in rear and on-street parking
Executive Summary
Kelleher & Sadowsky is pleased to present this fully renovated mixed-use property for sale in the heart of downtown Webster.
This well-located asset features a beautifully updated two-bedroom apartment on the second floor and Taqueria Siguanaba on the first floor who occupies ±3,800 SF.
The property generates approximately $50,000 annually in NOI, with the restaurant contributing to the real estate taxes. A brand-new lease was recently signed for the restaurant space.
• Recent Capital Improvements (2024):
• Brand new sprinkler system
• Upgraded HVAC units and infrastructure
• New life safety and fire alarm systems
• New water heater
• Completely updated electrical system with separate metering for residential and commercial units
• New commercial kitchen hood system and grease trap
• New rear deck with secondary egress
This turnkey investment offers stable income with strong upside potential in a rapidly improving area.
Contact us today to schedule a tour!
This well-located asset features a beautifully updated two-bedroom apartment on the second floor and Taqueria Siguanaba on the first floor who occupies ±3,800 SF.
The property generates approximately $50,000 annually in NOI, with the restaurant contributing to the real estate taxes. A brand-new lease was recently signed for the restaurant space.
• Recent Capital Improvements (2024):
• Brand new sprinkler system
• Upgraded HVAC units and infrastructure
• New life safety and fire alarm systems
• New water heater
• Completely updated electrical system with separate metering for residential and commercial units
• New commercial kitchen hood system and grease trap
• New rear deck with secondary egress
This turnkey investment offers stable income with strong upside potential in a rapidly improving area.
Contact us today to schedule a tour!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built
1920
Price
$625,000
Price Per SF
$125
Cap Rate
8%
NOI
$50,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.10 AC
Zoning
GB-4 W - Retail Building
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | WEBS-000001-F000000-000011 | Improvements Assessment | $381,100 |
| Land Assessment | $68,000 | Total Assessment | $449,100 |
Property Taxes
Parcel Number
WEBS-000001-F000000-000011
Land Assessment
$68,000
Improvements Assessment
$381,100
Total Assessment
$449,100
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175 Main St
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