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414 Chandler St 1,400 SF 100% Leased Retail Building Worcester, MA 01602 $1,600,000 ($1,142.86/SF)
EXECUTIVE SUMMARY
Turnkey NNN Investment Opportunity! This freestanding restaurant building is fully leased to an established multi-unit operator, offering reliable, hassle-free income backed by a true triple net lease. Located on a well-traveled street with strong daily traffic, the property benefits from excellent visibility and steady customer flow. Substantial recent interior
and exterior renovations add long-term value and reduce maintenance concerns. This is a chance to acquire a hands-off, income-producing asset with a seasoned operator in place—perfect for investors focused on stable returns and long-term growth.
and exterior renovations add long-term value and reduce maintenance concerns. This is a chance to acquire a hands-off, income-producing asset with a seasoned operator in place—perfect for investors focused on stable returns and long-term growth.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,400 SF
Building Class
B
Year Built
1950
Price
$1,600,000
Price Per SF
$1,142.86
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.09 AC
Zoning
BL-1
Frontage
109’ on Chandler
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | WORC-000011-000034-000020 | Improvements Assessment | $229,900 |
| Land Assessment | $206,600 | Total Assessment | $436,500 |
PROPERTY TAXES
Parcel Number
WORC-000011-000034-000020
Land Assessment
$206,600
Improvements Assessment
$229,900
Total Assessment
$436,500
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414 Chandler St
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