
660 Spring St Winchendon — Photo 1 of 7
$645,000
Investment Analysis — 660 Spring St
Winchendon, MA 01475
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a home in 01475 carries an estimated $1,190/mo in gross rent — about a 0.75% cap rate and $4,812/yr in estimated NOI at the $645,000 list price. Adjust every assumption in the calculator below.
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Built
1951
Turnkey restaurant space for sale at 660 Spring Street in Winchendon, MA. This fully equipped 5,578 sq ft former restaurant (once the community staple Carriage House Restaurant and recently operated as El Toro) features a massive kitchen, spacious dining areas, generous parking, and an on-site office on 14.6 acres. Situated on Route 12 with excellent roadside exposure, the property is ready for a new owner-operator in a stable North Central Massachusetts town, in a proven restaurant location, with convenient access to Route 202 and I-190.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: James Glickman
Listing Office: NAI Glickman Kovago & Jacobs
MLS® Number: 73495663