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    631 Lincoln St Worcester, MA 01605

    Sponsored
    For Sale
    $2,250,000

    Prime Medical Space - 9,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 9,500 square foot medical office building presents a unique investment opportunity in the thriving city of Worcester, Massachusetts. Situated on a half-acre lot at 631 Lincoln Street, this property offers significant potential for both ownership and lease arrangements. The building's substantial size allows for a variety of medical practices or healthcare-related businesses. Its strategic location within Worcester provides easy access to major transportation routes and a dense population base, ensuring high visibility and convenient patient access. The property is currently configured as a medical office building, but its adaptable layout could accommodate a range of configurations to suit specific tenant needs. This presents a rare chance to acquire a well-situated, sizable medical facility in a growing market. The asking price is $2,250,000, reflecting the property's significant value and potential for strong returns. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed property information and specifications are available upon request. This is an excellent chance to establish or expand a medical practice in a prime Worcester location. The half-acre lot offers ample parking and potential for future expansion. Don't miss this chance to own a piece of Worcester's thriving healthcare landscape.

    Property Features for 631 Lincoln St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1970
    Location Intelligence

    Current Use by Public Records

    Mary Sue Schaefer, ... Medical Clinic Jayasree Seshadri Optometrist

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -71.76538
    Latitude
    42.29761

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Medical Space - 9,500 SF
    Where is this commercial real estate located?
    The property is located at 631 Lincoln St Worcester, MA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    (508) 925-7477
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    631 Lincoln St Worcester, MA 01605
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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
    631 Lincoln St Worcester, MA 01605
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