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44 South Street
Westborough, MA. 01581

Worcester County

Directions: South St Is Rte. 135 Just Off The Rotary In Downtown @ Corner Of
Cottage St.

MLS # 72423193 - Active
Commercial/Industrial 5+ Residential

List Price $589,000 Zoning Downtn Bus
List Date   Lot Size 5,183SF
Sale Price   Est. Street Front 0
Sold Date   Depth 0
Assessed Value $577,200 Waterfront  
Days on Market   Taxes $10,655.11
Square Footage 5,183 Tax Year 2018
# Units 15 Parking Spaces 7
Remarks:
"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.
Building Info
Retail Sq. Ft.   1833
Retail Units   1
Resi. Sq. Ft.   3666
Resi. Units   14
Wrhse. Units   2018
Total Units   15
Total Sq. Footage   0
Features
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
Financial Info
Building Assessed Value   $384,100 Land Assessed Value   $192,800
Additional Information
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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Property Last Updated by Listing Office: 11/17/18 3:06am

Courtesy: MLSPIN

Listing Office: RE/MAX Advantage Real Estate Listing Agent: Debbie Schradieck


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