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LEED Silver Seven-Story Office Building
For Lease
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1 Mercantile Street, Worcester, MA 01608

Seven-story LEED Silver office building built in 2012 with a newly renovated 860-car parking garage.

Space Size5,605 SF - 8,873 SF
Property Size214,000 SF
Days on Market52

Property Features for 1 Mercantile Street

General Information

Standard status Active
Size 5,605 SF - 8,873 SF
Class A
Total Parking Spaces 860
Property subtype Office

Building Details

Building Size 214,000 SF
Year Built 2012
Stories 7

Spaces For Lease

at 1 Mercantile Street Contact us

2nd Floor (Sublease)

Size
6,749 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

5th Floor

Size
5,605 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

6th Floor

Size
8,873 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Kelleher & Sadowsky
Listed By: William D. Kelleher, IV
Source: Kelleher-sadowsky
Added: Jul 27 Changed: Sep 15 Last Checked: Sep 16 at 5:13PM

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 Kelleher & Sadowsky

Investment Insights

Based on property information with market context.

One Mercantile is a seven-story, 214,000 square-foot LEED Silver office building constructed in 2012. The property offers up to 100,000 square feet of space for tenants and includes a newly renovated 860-car parking garage. Building zoning is described as accommodating a variety of industries, supporting diverse office use.

Located at 1 Mercantile Street in downtown Worcester, the building is positioned in the heart of the city’s business district, with easy access to points throughout downtown. The remarks also note proximity to Union Station for commuter convenience.

For office tenants considering relocation or expansion, One Mercantile is presented as a Class A asset within Worcester’s central business environment, with parking and available tenant space designed to support day-to-day operations.

Key Highlights

  • 7‑story, 214,000 SF LEED Silver office building constructed in 2012
  • Newly renovated 860‑car parking garage for tenant parking
  • Up to 100,000 SF of space available for tenants

Property Analytics

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Current Use

O'Connor Maloney & Co ... Accounting Firm Commonwealth Consulting Group Bank Digital Investigations Law Firm FedEx Drop Box Postal Service Moneta Group | Boston ... Financial Advisor

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility Pharmacy Furniture & Home Goods Veterinary Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,967
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Seven-story LEED Silver office building built in 2012 with a newly renovated 860-car parking garage.
Where is this office building located?
The property is located at 1 Mercantile Street Worcester, MA.
What are key features of this property?
This property features: 7‑story, 214,000 SF LEED Silver office building constructed in 2012; Newly renovated 860‑car parking garage for tenant parking; Up to 100,000 SF of space available for tenants
More about this property
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