Brought to you by: Lori Bouchie - RE/MAX Advantage Real Estate
224 Washington Street
Gloucester, MA 01930

Phone: (978) 884-8379 Fax: (978) 865-1227
Website: www.capeannhomes.com
Email: lori@capeannhomes.com


 
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Prepared for : Dec-11-2018 12:04:53 am

44 South Street
Westborough, MA. 01581
MLS # 72423193
Comm./Ind. 5+ Residential
Status Active
County Worcester
Directions South St Is Rte. 135 Just Off The Rotary In Downtown @ Corner Of Cottage St.
List Price $589,000 Zoning Downtn Bus
List Date   Days on Market  
Sale Price   Est. Street Front 0
Sold Date   Depth 0
Assessed Value $577,200 Waterfront  
Lot Size 5,183SF Parking Spaces 7
Square Footage 5,183 # Units 15
Taxes $10,655.11 Tax Year 2018
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Total Price $
Down Payment $
Principal $
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Monthly Payment $
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"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.


Construction : Frame
Driving Doors : 0
Easements : 0
Loading Docks : 0
Location : Downtown, Historic
Parking : 1-10 Spaces, Paved Driveway
Sprinklers : No
Traffic Count : 0
Utilities : Public Water, Public Sewer

Building Assessed Value : $384,100
Land Assessed Value : $192,800

21E on File : No
Deed : Book: 5624, Page: 342
Disclosure Declaration : No
Disclosures : Sprinkler system is needed in order to rent all 14 rooms.
Exchange : Yes
Foreclosure : No
Lease : No
Short Sale : No
Site Condition : Dry, Level
Space Available : For Sale
Sublet : No
Year Built Source : OW
Zone Desc. : Legal Conforming


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