61 - 63 Glenallen St, Winchendon MA 01475
Winchendon, MA 01475 • Winchendon Springs
$450,000
$385,000
Est. $2,330/month
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About this home
SELLER WILL CONSIDER SELLER FINANCING!!! This is a fantastic opportunity for someone who wants multiple streams of income. The building offers a two-bedroom apartment that would be great for owner-occupant use or revenue production, and a 95-seat restaurant in operation for 20 years. The restaurant has proven to be a staple in the community, serving breakfast, lunch, and dinner, as well as hosting many private functions, which is no surprise, as this building has been a place to gather since the prohibitions in the 1930's. Consider many options: continue as a thriving restaurant/bar, convert to multi-family housing (town approval required), or reimagine as office space, a bewery, a gift shop, or a creative venue. Upgrades during the current ownership include a commercial-grade septic system, electric upgrades, new water heaters, and an oil tank. This is a turnkey opportunity with immediate cash flow or limitless redevelopment potential.
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Recently Sold Nearby
Property History
Market Insights
3
Price Changes
14.4%
Price Range
Property Timeline
Price Reduced
Jul 13, 2026
$385,000
$14,000
(-3.51%)
From $399,000 to $385,000 (-3.5%)
Price Reduced
May 20, 2026
$399,000
$36,000
(-8.28%)
From $435,000 to $399,000 (-8.3%)
Price Reduced
Apr 3, 2026
$435,000
$15,000
(-3.33%)
From $450,000 to $435,000 (-3.3%)
Listed for Sale
Jan 29, 2026
$450,000
Original listing
Agent: Michelle Peterson
Office: Elm Grove Realty, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/13/2026 | ↓ Price Reduced | $385,000 | $14,000 | - | From $399,000 to $385,000 (-3.5%) |
| 05/20/2026 | ↓ Price Reduced | $399,000 | $36,000 | - | From $435,000 to $399,000 (-8.3%) |
| 04/03/2026 | ↓ Price Reduced | $435,000 | $15,000 | - | From $450,000 to $435,000 (-3.3%) |
| 01/29/2026 | 🏠 Listed for Sale | $450,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $2,201 | — |
Financial Details
Annual Property Tax
$2,201
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1900
Living Area
3,555 sq ft
Lot Size
0.41 acres
Investment Metrics
Gross Income
$14,400
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Tar/gravel
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, Private Sewer
Financial
Annual Tax
$2,201
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Stairs To Apartment Encroach On Neighboring Property. See Deed For All Easements. Gross Annual Income Is From The Apartment Only. At Will Tenant Pays $1200 Per Month Heat And Hot Water Included. Title V To Be Done Prior To Closing.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Worcester
Property Overview
Listing Type
For Sale
Year Built
1900
Living Area
3,555 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Tar/Gravel
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 Frontage:
87.00 ft
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Winchendon School District local
F
School Safety
2024-25
5.3%
Above Average
5.1%
Suspensions
0.7%
In-School
0.2%
Emergency
0.2% below state avg
Elementary Schools
3 schools
Winchendon PreSchool Program
1.3 mi
90 students
Moderate
Grades PK
Memorial School
1.3 mi
268 students
Moderate
Grades K-02
C
Toy Town Elementary School
1.6 mi
|
#621 of 824
|
Score: 39.6
Dropped 30 spots from last year
-18.6 below state avg
292 students
Moderate
Grades 03-05
Middle Schools
1 school
C-
Murdock Middle School
1.4 mi
|
#302 of 352
|
Score: 31.1
Improved 63 spots from last year
-27.2 below state avg
281 students
Moderate
Rising School
Grades 06-08
High Schools
3 schools
The Winchendon School
1.0 mi
Grades 08-12
C-
Murdock High School
1.4 mi
|
#280 of 346
|
Score: 43.2
Improved 13 spots from last year
-15 below state avg
256 students
Moderate
14 sports
• 494 athletes
College Ready Curriculum
Grades 09-12
B
Murdock Academy for Success
1.4 mi
|
#183 of 346
|
Score: 69.8
Same rank as last year
1 students
Less Diverse
College Ready Curriculum
Grades 06-12
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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
$183
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
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.
Location
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Neighborhood
Winchendon Springs
61 - 63 Glenallen St, Winchendon MA 01475
Winchendon, MA 01475
Listing Information
Listing Agent
Michelle Peterson
Listing Office
Elm Grove Realty, LLC
Office Phone
603-821-0077
Agent MLS ID
CN211496
Office MLS ID
AN2024
Listing Data Updated
Jul 17, 2026 3:05 AM EDT
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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