Owners of Widoff’s Bakery Building Reveal Plans for Retail and Office Space
Wednesday, August 26, 2015
On July 16, Bay State Investment Funds LLC of Worcester purchased the building that held Widoff’s Bakery for $550,000.
According to Edward Murphy, owner of Bay State Investment Funds LLC, they are willing to divide the space into 800 square foot units or would even rent the entire building to a single business.
Murphy sees between five to seven units sharing the building.
Murphy said that they had a deal in place with another bakery to purchase Widoff’s old equipment, but “the deal broke down because of the age of the equipment and lack of upkeep.”
Bay State Investment Funds plans to auction off all of Widoff's old equipment soon.
GoLocalWorcester reported in July that Bay State offered to reduce the square footage of Widoff’s in an attempt to save costs and keep them in business.
On July 18, the oven at Widoff's broke forcing the bakery to close on July 19 and 20 - eventually forcing their hand to close permanently.
“In the last year or so, you’ve seen many business move to the area,” said Murphy. “There’s a ton of interest in the area. Even though Kelley Square is a mess, there’s 60,000 cars a day traveling through that intersection.”
Bay State Investment Group LLC owns the building at 1 Kelley Square. Right now, the building is the home to WeRentCentralMass, Labex of MA, and NKD Waxing, Lashes and Makeup.
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