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Key Details
Sold Price $420,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,183 sqft
Price per Sqft $81
MLS Listing ID 72423193
Sold Date 06/05/19
Year Built 1874
Annual Tax Amount $10,655
Tax Year 2018
Lot Size 5,227 Sqft
Acres 0.12
Property Description
"The Central House", Westborough's oldest continuously operating Tavern, since 1874. Restaurant seats 34, serves lunch Tues-Sun & dinner every day. Bar seats 11; tavern seats 40. 2nd & 3rd floors contain 14 rooms and 2 baths, (7 rooms and 1 bath on each upper floor). 5 rooms currently rented; all need rehab. Central air on first floor only. One zone of heat. One water heater. Innkeepers Full Pour liquor license can transfer with local board & state approval. Current business operator would like to stay as restaurant tenant. Slate roof repaired and newer gas-fired boiler. Rooms rent at $125 per week. Sprinkler system is needed for town approval to let all 14 rooms. Fantastic opportunity to capitalize on longtime local landmark. Current family owned since 1974. Public parking lot across the street. Lots of possibilities here.
Location
State MA
County Worcester
Zoning Downtn Bus
Direction South St is Rte. 135 just off the Rotary in downtown @ corner of Cottage St.
Exterior
Utilities Available Public Water, Public Sewer
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Bought with Elaine Quigley • Berkshire Hathaway HomeServices N.E. Prime Properties