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    5 Massasoit Rd Worcester, MA 01604 Worcester, MA 01604

    Sponsored
    For Lease
    $1.20 SF/Yr ($2,500 /Mo)

    High-traffic location, 2075 sq ft.

    Lot size:
    2,075 SF

    Description

    Added:
    Dec 26, 2024
    Days on Market:
    377
    This 2,075 square foot commercial space, previously a bakery, is available for lease in Worcester, MA. Located on Grafton Street, this highly visible property boasts a large window storefront, ideal for retail or food service businesses. The open floor plan offers ample space for displays, seating, or storage. Convenient street parking is available. The space includes a private bathroom. The monthly rent is $2,500, with a preferred 3-year lease term and a $2,500 security deposit. Utilities (electric, taxes, water, sewer, and heat) are the tenant's responsibility. The property is situated in a high-traffic area with excellent visibility and accessibility, surrounded by other businesses, banks, and retail stores. This adaptable space is perfect for a variety of uses, including retail, cafes, or offices. Immediate occupancy is available.

    Property Features for 5 Massasoit Rd Worcester, MA 01604

    General Information

    Property type
    Retail residential properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,075 SF
    Elevators
    N/A
    Total Rate
    2500

    HighLights

    • 2,075 sq ft commercial space available for lease in Worcester, MA.
    • High‑traffic Grafton Street location with ample street parking.
    • $2,500 monthly rent, ideal for retail, food service, or office use.
    Location Intelligence

    Current Use by Public Records

    Retail residential properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    State
    Massachusetts
    Longitude
    -71.78036
    Latitude
    42.25063

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    FAQs

    What type of property is this?
    Retail residential property - High-traffic location, 2075 sq ft.
    Where is this retail residential property located?
    The property is located at 5 Massasoit Rd Worcester, MA 01604 Worcester, MA.
    What is the lease rate?
    The lease rate is $1.20 SF/Yr.
    What are key features of this property?
    This property features: 2,075 sq ft commercial space available for lease in Worcester, MA.; High-traffic Grafton Street location with ample street parking.; $2,500 monthly rent, ideal for retail, food service, or office use.
    (774) 280-0353
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    5 Massasoit Rd Worcester, MA 01604 Worcester, MA 01604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Massasoit Rd Worcester, MA 01604 Worcester, MA 01604
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