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286 Pleasant St Worcester, MA 01609

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For Sale
$3,000,000

High-yield Dollar Tree investment opportunity.

Property Features for 286 Pleasant St

General Information

Property type
Other commercial real estate
Lot Size
24,829 SF

Building Details

Year Built
1955

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Listing Contact
Christopher Hatem
Christopher Hatem

Listing Agency: Boston Realty Advisors Listing Agent: Christopher Hatem

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional commercial property at 286 Pleasant Street, Worcester, MA, presents a compelling investment opportunity. The 0.57-acre lot features a 13,000 square foot building currently leased to Dollar Tree until August 2025. The lease has no remaining options. The property's strategic location in the heart of Worcester offers significant advantages. It's within walking distance of Worcester Common and the DCU Center, providing excellent visibility and accessibility. The property boasts a total parcel size of 25,785 square feet. The flexible zoning (BG-3 and RG-5) allows for a diverse range of future uses, including residential development or a hotel, presenting significant potential for long-term value appreciation. This presents a rare chance to acquire a well-located, income-producing asset in a thriving urban market characterized by limited supply. The current tenant provides immediate cash flow, while the zoning flexibility opens doors to future development possibilities, making this an attractive investment for both short-term and long-term gains. The asking price for this prime Worcester property is $3,000,000. This is a unique opportunity to capitalize on the dynamic Worcester real estate market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dollar Tree Discount Store

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

  • Map
  • Local Demand
City
Worcester
County
Worcester
State
Massachusetts
Longitude
-71.81197
Latitude
42.26381

FAQs

What type of property is this?
Commercial real estate - High-yield Dollar Tree investment opportunity.
Where is this commercial real estate located?
The property is located at 286 Pleasant St Worcester, MA.
What is the asking price?
The asking price for this property is $3,000,000.
More about this property
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