$1,950,000

241 Southbridge St, Worcester, MA 01608

  • 14,650 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon0.48acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $133/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

This exceptional redevelopment opportunity consists of a 15,000 sq. ft., two-story stand-alone building on a 2.07± acre site, which includes two additional paved, unimproved parcels. Combined, the three parcels offer approximately 800 feet of frontage and are under common ownership, available either individually or as an assemblage.Located in Worcester, Massachusetts—New England’s second-largest city—this property benefits from immediate access to the thriving Canal District and is within walking distance of Polar Park, home to the AAA Worcester Red Sox. Situated in a BG-6.0 business-friendly commercial zone, the site is ideal for a variety of high-demand uses, including residential multi-family, medical, office, retail, cannabis, restaurant and entertainment venues, and life sciences. With the potential to support the development of 300+ residential multifamily units, the property offers significant upside for investors and developers alike.

Listing Status:
Active
Listing Office:
Castinetti Realty Group : 508-719-8804
Listing Agent:
Andrea Beth Castinetti : 508-277-0063
MLS ID:
73384056
  • Roofing: Rubber

This listing courtesy of Andrea Beth Castinetti, Castinetti Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jacob Hiatt Magnet

772 Main St, Worcester, MA, 01610

Grades PK-6

0.25 miles away

C

Claremont Academy

15 Claremont St, Worcester, MA, 01610

Grades 7-12

0.62 miles away

C

Claremont Academy

15 Claremont St, Worcester, MA, 01610

Grades 7-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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