Unit Information
Incredible mixed-use investment opportunity in the heart of Worcester! 139 Grand Street is home to Guertin’s Café—Worcester’s oldest bar—originally opened in 1905 and reopened in 2024. The property includes three residential units: two have been fully renovated and are leased to Clark University students, while the third is vacant and ready for renovation, offering strong value-add potential. The commercial space on the first floor is occupied by the café’s owner, who is willing to sign a sale-leaseback, providing immediate income. Located just minutes from Clark University, this asset offers a stable rental base with room to increase cash flow. Ideal for investors looking to blend historic charm with modern returns. With strong rental demand in the area, proximity to Clark University, and upside potential through both residential and commercial income growth, 139 Grand Street represents a compelling investment.
- Additional Details
- Status: ACT
- Type: Multi-Family, 3 Family
- Zip Code: 01603
- Levels: 3
- Parking
- Garage Capacity: 2
- Parking Spaces: 2
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 3
- Total Rooms: 20
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$950,000
- Listing ID: 73382803
- Bedrooms: 6
- Full Baths: 3
- Living Area: 7,664 sqft Convert
- Lot Size: 5,105 sqft Convert
- Acres: 0.12
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |