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    44 Ellsworth St Worcester, MA 01610

    Sponsored
    For Sale
    $310,000

    Prime Ellsworth Street location, income potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, situated at 44 Ellsworth Street in Worcester, Massachusetts, presents a unique investment opportunity. The building sits on a 0.1-acre lot and offers versatile commercial space ideal for a variety of small businesses. The property's significant advantage lies in its potential for dual income streams. The commercial space provides a foundation for your business operations, while an attached apartment offers additional rental income possibilities. This creates a strong return on investment, allowing for both business growth and passive income generation. The exact square footage of the commercial space is currently unavailable, however, the property's location on Ellsworth Street in Worcester ensures high visibility and accessibility, making it an attractive proposition for any entrepreneur seeking a well-situated and income-generating property. The asking price for this promising mixed-use property is $310,000. This represents a compelling opportunity to acquire a strategically located commercial property with built-in income potential in a thriving Worcester neighborhood. Serious inquiries are encouraged to explore this exciting investment prospect further. The property is ready for immediate occupancy and offers a chance to establish a successful business venture with a supplemental income stream.

    Property Features for 44 Ellsworth St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1998
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.80308
    Latitude
    42.25222

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Ellsworth Street location, income potential.
    Where is this commercial real estate located?
    The property is located at 44 Ellsworth St Worcester, MA.
    What is the asking price?
    The asking price for this property is $310,000.
    (508) 754-3020
    Request Owner's contact information
    44 Ellsworth St Worcester, MA 01610
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    Worcester, MA 01610
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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
    44 Ellsworth St Worcester, MA 01610
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