Building Details

Year Built 1965

Listed By: Joe Marini Show Phone

Added: Dec 26, 2024 Changed: Mar 16

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Investment Insights

Based on property information with market context.

Located in a highly desirable central Worcester location at 130 Lincoln Street, this medical office suite offers an opportunity for medical professionals. Configured as a 200-square-foot space, this suite is expandable to a maximum of 2,400 square feet by incorporating an adjacent suite. The existing space includes a waiting room, a reception area, four exam rooms (including one large, private office), and a private bathroom. Ample parking is available for patients and staff, and street signage on Lincoln Street ensures high visibility. Funds are available for tenant improvements at no additional cost, allowing customization. The property is zoned for medical use.

Property Analytics

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Current Use

Dr. Robert E. ... Dental Office Cosmetic & Esthetic Dentistry Dental Office Nikhil Patel, DMD Dental Office Care4Us Wellness Center ... Crisis Center Klaiber Edward L ... Physician

Suggested Use

Top Pick Veterinary Clinic Catering Service Garden Center Florist Storage Facility Butcher

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

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,117

Businesses Nearby

Explore this area Business Placement

Demographics for 01605, MA

29,218

Population

12,757

Households

2.3

Avg Household Size

35

Median Age

32%

College-Educated

87%

High-School Grad

5.7 sq mi

ZIP Area

5,126

Density / Sq Mi

$54,805

Median Household Income

$41,236

Median Earnings

$1,362

Median Rent

$349,800

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?

Residential office - Office | 1 space available | 200 sq. ft. - 2,400 sq. ft.

Where is this residential office located?

The property is located at 130 Lincoln St Worcester MA 01605 Worcester, MA.

What is the lease rate?

The lease rate is $20 SF/Yr.