Search
Worcester Parking Lot Opportunity
For Sale
$550,000

107 E Central St, Worcester, MA 01605

13,721 SF parking lot in Worcester's vibrant heart.

Property SizeContact for details
Lot Size0.31 Acres
Days on Market156

Property Features for 107 E Central St

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,635

Building Details

Year Built 1955
Listing Agency: The LGCY Group LLC
Listed By: Jaquaine Coe · License #423727
Source: Elliman
Added: Mar 10 Changed: Aug 10 Last Checked: Aug 11 at 11:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The LGCY Group LLC

Investment Insights

Based on property information with market context.

Located at 107 E Central Street in Worcester, this 13,721 square foot parking lot presents a development opportunity. Zoned BG-4, the property is suitable for commercial, residential, or mixed-use development, offering flexibility in a growing urban environment. The site benefits from its location within walking distance of dining, nightlife, and cultural amenities. Its proximity to Alta on The Row, downtown Worcester, Polar Park, the Canal District, and Union Station contributes to the area's vibrancy. The site provides visibility and accessibility, making it suitable for a development project. Buyers are encouraged to perform their own due diligence regarding specific uses.

Key Highlights

  • Large 13,721 sq ft parking lot in a rapidly growing urban Worcester location.
  • Zoned BG‑4, offering incredible potential for commercial, residential, or mixed‑use development.
  • Excellent visibility and accessibility, ideal for a signature development project.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Pet Store 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.

Location Intelligence

Trade Area within ½ mile

5,321
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 13,721 SF parking lot in Worcester's vibrant heart.
Where is this commercial land located?
The property is located at 107 E Central St Worcester, MA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Large 13,721 sq ft parking lot in a rapidly growing urban Worcester location.; Zoned BG‑4, offering incredible potential for commercial, residential, or mixed‑use development.; Excellent visibility and accessibility, ideal for a signature development project.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message