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10 Institute Road, Worcester, MA 01609

Flexible office suites are available for contiguous space, with gross lease terms and ample off-street parking.

Property Size4,000 SF
Price / SF$0.01
Days on Market20

Property Features for 10 Institute Road

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial
Lease Type Gross

Additional Details

Highway Access Yes

Building Details

Year Built 1900
Listing Agency: RE/MAX Partners
Listed By: James Kalogeropoulos
Source: Lockandkeyre
Added: Jul 13 Changed: Jul 25 Last Checked: Aug 1 at 5:46AM

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 RE/MAX Partners

Investment Insights

Based on property information with market context.

This professional office building offers flexible suite options designed to support a range of office configurations, including individual suites and contiguous space. Suite sizes are described from approximately 850 SF up to 4,000 SF, making it suitable for tenants seeking room to expand within the same property. Gross lease terms are provided, along with a functional layout intended for adaptable office use.

The property is located on Institute Road in Worcester and is described as being just minutes from I-290, Route 9, and downtown Worcester. It also notes proximity to WPI and Worcester’s educational and medical institutions.

On-site off-street parking is available, helping support employee and client access for day-to-day operations. This established professional corridor setting is positioned for businesses seeking immediate occupancy within a managed office environment.

Key Highlights

  • Flexible office leasing with individual suites from approximately 850 SF up to 4,000 SF of contiguous space
  • Gross lease terms for predictable occupancy costs
  • Ample off‑street parking

Property Analytics

Current Use

Sullivan Garrity & Donnelly ... Insurance Agency Robert P. Powers ... Insurance Agency Marshall & Diggins Insurance Insurance Agency Insurance Agency Insurance Agency

Suggested Use

Top Pick Furniture & Home Goods Electrical Service (Bike/Boat/Book/etc) Store Catering Service Pet Store Pet Store & 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

Location Intelligence

Trade Area within ½ mile

4,949
Businesses Nearby

Demographics for 01609, MA

23,870
Population
9,126
Households
2.6
Avg Household Size
29
Median Age
49%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
6,451
Density / Sq Mi
$61,411
Median Household Income
$32,399
Median Earnings
$1,212
Median Rent
$422,100
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
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office suites are available for contiguous space, with gross lease terms and ample off-street parking.
Where is this office building located?
The property is located at 10 Institute Road Worcester, MA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Flexible office leasing with individual suites from approximately 850 SF up to 4,000 SF of contiguous space; Gross lease terms for predictable occupancy costs; Ample off‑street parking
More about this property
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