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Redevelopment Office and Retail Building
For Sale
$1,250,000

1 N Main St, Webster, MA 01570

Vacant former bank building on a large downtown lot with extensive frontage and on-site parking for flexible reuse.

Property Size19,000 SF
Lot Size1.36 Acres
Price / SF$65.79
Days on Market51

Property Features for 1 N Main St

General Information

Standard status Active
Size 19,000 SF
Total Parking Spaces 40
Lot size 1.36 Acres
Zoning Industrial

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1967
Listing Agency: Coldwell Banker Realty - Worcester
Listed By: Brandon O'Neal
Source: Dohertyproperties
Added: Jun 17 Changed: Jul 10 Last Checked: Aug 4 at 3:20AM

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 Coldwell Banker Realty - Worcester

Investment Insights

Based on property information with market context.

The property is a vacant former bank building offering a redevelopment platform with multiple potential configurations. It sits on a large lot and includes approximately 40 on-site parking spaces, supporting a range of office, healthcare, and service-oriented uses. The building’s scale and structure provide flexibility for repositioning into a variety of tenant and community-serving concepts.

Located in the heart of Downtown Webster at 1 N Main St, the site features approximately 372 feet of frontage at a signalized intersection. The public remarks also note strong daily traffic exposure and convenient access to Route 395, supporting storefront visibility and accessibility for customers, staff, and visitors.

Zoned Industrial, the property is presented as flexible for multiple use types, including professional office, medical, healthcare, adult day care, group home, senior living, veterinary, retail, or residential conversion. This breadth of permitted or contemplated uses may be attractive to buyers and developers seeking a downtown redevelopment opportunity with parking and prominent intersection frontage. Any final use feasibility should be confirmed through applicable approvals and zoning requirements.

Key Highlights

  • Former bank building totaling approx. 19,000 SF, built in 1967, currently vacant
  • Large approx. 59,254 SF lot with approx. 372 ft of frontage at a signalized intersection
  • Zoned Industrial, offering flexibility for potential uses including office, medical/healthcare, group home, senior living, and more

Property Analytics

Current Use

AmeriGutter Seamless Gutters ... Hardware & Home Improvement Green Tree Insurance, ... Insurance Agency Business Runway Business To Business Service

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store HVAC Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

Demographics for 01570, MA

17,776
Population
8,211
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
12.4 sq mi
ZIP Area
1,434
Density / Sq Mi
$68,934
Median Household Income
$43,595
Median Earnings
$1,135
Median Rent
$339,600
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Vacant former bank building on a large downtown lot with extensive frontage and on-site parking for flexible reuse.
Where is this office building located?
The property is located at 1 N Main St Webster, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Former bank building totaling approx. 19,000 SF, built in 1967, currently vacant; Large approx. 59,254 SF lot with approx. 372 ft of frontage at a signalized intersection; Zoned Industrial, offering flexibility for potential uses including office, medical/healthcare, group home, senior living, and more
More about this property
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