08/17/2026
**π₯ INVESTMENT OPPORTUNITY WITH SELLER FINANCING! π₯**
Looking for a property with **income-producing potential, history, and multiple possibilities?** This could be the opportunity youβve been waiting for!
π **61-63 Glenallen Street, Winchendon, MA**
For $385,000.00
This unique 3555 sq ft property features a **95-seat restaurant that has been a community staple for 20 years**, serving breakfast, lunch, and dinner while also hosting private functions. The building itself has a long history as a place for people to gather, dating back to the Prohibition era of the 1930s.
π‘ **PLUS β a 2-bedroom apartment** that could provide additional rental income or serve as an owner-occupant residence.
The possibilities are extensive:
π½οΈ Continue operating the established restaurant/bar
π Explore conversion to multifamily housing *(town approval required)*
π’ Reimagine the space as offices
πΊ Create a brewery or taproom
π Open a gift shop or specialty business
π Transform it into a unique event or creative venue
Recent improvements include:
βοΈ Commercial-grade septic system
βοΈ Electrical upgrades
βοΈ New water heaters
βοΈ New oil tank
Whether you're looking for **immediate income, an owner-occupied investment, or a property you can transform into something completely your own**, this one deserves a look.
π° **SELLER WILL CONSIDER SOME SELLER FINANCING!**
Opportunities like this don't come along oftenβespecially with this much history, flexibility, and potential.
π² **Message me for more information or to schedule a private showing!**
**Michelle Peterson | Elm Grove Realty I 978-716-2109**
π North Central Massachusetts Top Producing Agent