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Multi-Tenant Retail Building
For Lease
$18 SF/Yr

1-1233 Main St, Worcester, MA 01608

First-floor retail space is available in a two-story masonry building with 70 feet of Main Street frontage.

Space SizeContact for details
Days on Market99

Property Features for 1-1233 Main St

General Information

Standard status Active
Total Parking Spaces 80
Zoning BG-2

Building Details

Year Built 1960
Stories 2
Construction masonry
Tenancy Multi
Listing Agency: Lornell Real Estate
Listed By: Todd Lornell · License #0019788
Source: Exprealty
Added: May 5 Changed: Jul 28 Last Checked: Aug 11 at 11:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lornell Real Estate

Investment Insights

Based on property information with market context.

This two-story, solid masonry multi-tenant retail building was built in 1960 and is positioned on Main Street with 70 feet of frontage. The available 5,000 SF first-floor suite offers a clean, “vanilla box” layout and can be subdivided for smaller tenants or configured for larger users. The property has previously been occupied by Work ‘n Gear.

The center sits in the heart of Webster Square along Main Street and is supported by an expansive 80-space parking field for customer access. BG-2 zoning allows a range of retail, restaurant, service, and food service uses, providing flexibility for appropriate concepts.

The offering includes storefront-oriented visibility and parking designed to support day-to-day retail operations in a multi-tenant environment.

Key Highlights

  • 20,000 SF, two‑story multi‑tenant retail building with 70 ft frontage on Main Street
  • Available 5,000 SF first‑floor space with a clean, “vanilla box” retail layout
  • Space can be subdivided for smaller tenants or configured for larger retailers

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Building Supply Grocery & Convenience Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
O'Reilly Auto Parts Shops & Services
3,935 visits/mo 0.5 miles

Demographics for 01608, MA

4,996
Population
2,565
Households
1.9
Avg Household Size
28
Median Age
29%
College-Educated
74%
High-School Grad
0.5 sq mi
ZIP Area
9,992
Density / Sq Mi
$45,962
Median Household Income
$36,596
Median Earnings
$1,461
Median Rent
$117,100
Median Home Value

Market

Lease Benchmarks for Worcester, MA

$22.55 /SF/Yr
Avg Asking Price
$17.99–$37.5 /SF/Yr
Price Range
6,933 SF
Avg Space Size

This space is priced 20% below the average of $22.55 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-floor retail space is available in a two-story masonry building with 70 feet of Main Street frontage.
Where is this retail space located?
The property is located at 1-1233 Main St Worcester, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 20,000 SF, two‑story multi‑tenant retail building with 70 ft frontage on Main Street; Available 5,000 SF first‑floor space with a clean, “vanilla box” retail layout; Space can be subdivided for smaller tenants or configured for larger retailers
More about this property
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