
61 - 63 Glenallen St Winchendon — Photo 1 of 31
Recent Drop: $75,000
$375,000
61 - 63 Glenallen St, Winchendon, MA 01475
Winchendon, MA 01475 — Winchendon Springs
Beds
--
Baths
3
SqFt
3,555
Style
Other
Built
2006
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.
Market Value Analysis
* Analysis is based on 1 actively listed and recently sold comparable properties within ~5 miles of this property.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$375,000
Was $385,000
Sep 3, 2026
MLS® 73484914
$385,000
Was $399,000
Jul 13, 2026
MLS® 73484914
$399,000
Was $435,000
May 21, 2026
MLS® 73484914
$435,000
Was $450,000
Apr 3, 2026
MLS® 73484914
$450,000
Mar 10, 2026
MLS® 73484914
Population
10,265
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$77K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
23.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Michelle Peterson
Listing Office: Elm Grove Realty, LLC
MLS® Number: 73484914
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