1 Ferdinand St, Worcester, MA
Commercial property with high visibility and accessibility in a busy corridor.
- Added:
- Oct 7, 2025
- Days on Market:
- 255
- Last Refresh:
- May 20 at 9:10 pm
Property Features for 1 Ferdinand St
General Information
- Standard status
- Active
- Size
- 3,576 SF
- Lot size
- 0.20 Acres
- Property subtype
- RETAIL
Listing agent Peter Kim (508) 904-4735
Listing office BHHS - Commonwealth Real Estate | Hopkinton (508) 904-4735
Listing date Oct 7, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of BHHS - Commonwealth Real Estate | Hopkinton
HighLights
- 100% Occupancy with Established Tenants providing immediate and consistent income.
- Excellent Visibility & Accessibility at a high‑traffic intersection off Park Avenue.
- Strategic Location in Mixed‑Use Zone, surrounded by residential and commercial areas.
- Easy Access to Major Routes including Route 9, Route 122, I‑290, and 146.
- High Foot and Vehicle Traffic guarantees exposure.
- Strong Synergy with Colleges/Universities due to the nearby student population.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.6k | $27.00 |
| − Vacancy | −$17.4k | −$4.86 |
| EGI | $79.2k | $22.14 |
| − OpEx | −$19.8k | −$5.54 |
| NOI | $59.4k | $16.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8328
- Latitude
- 42.2542