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414 Chandler St, Worcester MA 01602

Worcester, MA 01602 • West Side
$1,600,000
Est. $9,205/month
1,398
Sq Ft
$1,144
Price/Sq Ft
0.16
Acres
1980
Year Built
112
Days on Market
Active Listed Nov 4, 2025 • MLS# 73451109 Copied!

About this home

Turnkey NNN Investment Opportunity! This freestanding restaurant building is fully leased to an established multi-unit operator, offering reliable, hassle-free income backed by a true triple net lease. Located on a well-traveled street with strong daily traffic, the property benefits from excellent visibility and steady customer flow. Substantial recent interior and exterior renovations add long-term value and reduce maintenance concerns. This is a chance to acquire a hands-off, income-producing asset with a seasoned operator in place—perfect for investors focused on stable returns and long-term growth.

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Property Overview

Listing Type
Commercial Sale
Year Built
1980
Living Area
1,398 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1980
Living Area 1,398 sq ft
Lot Size 0.16 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, 220 Volts

Financial

Annual Tax $10,975

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1980
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

West Side

414 Chandler St, Worcester MA 01602

Worcester, MA 01602

Walkability

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Nearby Schools

School District
Worcester School District local
C-
🎓 Where Graduates Go Class of 2021
51% attend college
35% 4-Year 16% 2-Year 4% Out of State 4% Working
⚠ School Safety 2024-25
4.1% Above Average
3.3% Suspensions 1.7% In-School 0.8% Emergency
↓ 1.4% below state avg
E

Elementary Schools

3 schools
C-
May Street School
0.4 mi | #682 of 824 | Score: 36.5
Dropped 33 spots from last year
-21.7 below state avg
310 students Very Diverse
Diverse Student Body
Grades K-06
C-
Midland Street School
0.6 mi | #711 of 824 | Score: 34.6
Dropped 188 spots from last year
-23.6 below state avg
249 students Diverse
Diverse Student Body
Grades K-06
F
Worcester Dual Language Magnet School
0.7 mi | #810 of 824 | Score: 26.1
Dropped 223 spots from last year
-32.1 below state avg
519 students Moderate
Grades PK-06
M

Middle Schools

3 schools
Worcester SDA School
1.3 mi
Grades 01-08
C+
Forest Grove Middle School
1.9 mi | #229 of 352 | Score: 38.3
Improved 91 spots from last year
-19.9 below state avg
839 students Diverse
Rising School Diverse Student Body
Grades 07-08
B
Sullivan Middle School
2.0 mi | #157 of 352 | Score: 43.9
Improved 28 spots from last year
-14.3 below state avg
940 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
B-
Doherty Memorial High School
0.8 mi | #195 of 346 | Score: 51.8
Improved 26 spots from last year
-6.4 below state avg
1,573 students Very Diverse
19 sports • 1,302 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
B+
Claremont Academy
1.0 mi | #9 of 25 | Score: 38.3
Improved 317 spots from last year
-20 below state avg
474 students Moderate
10 sports • 216 athletes
Early College Program Rising School College Ready Curriculum
Grades 07-12
C-
University Park Campus School
1.2 mi | #290 of 346 | Score: 41.4
Dropped 13 spots from last year
-16.8 below state avg
233 students Diverse
Early College Program High Graduation Rate College Ready Curriculum Strong Attendance
Grades 07-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $915
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Nov 4, 2025
$1,600,000
Original listing
Agent: James Kalogeropoulos Office: RE/MAX Partners

Price & Status History

Date Event Price Change
Nov 4, 2025 New Listing Added $1,600,000 —

Market Statistics

Days on Market
112 days
Price per Sq Ft
$1,144

Tax History

Year Taxes Assessment
2025 $10,975 —

Financial Details

Annual Property Tax
$10,975
Tax Year 2025

Listing Information

Listing Agent James Kalogeropoulos
Listing Office RE/MAX Partners
Agent MLS ID K9502917
Office MLS ID AN8069
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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