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    472 Lincoln St Worcester, MA 01605

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    For Lease
    $1.00 SF/Yr ($1,191 /Mo)

    Redevelopment opportunity in Worcester, former Walgreens, 14,300 SF available.

    Property size:
    14,300 SF
    Lot size:
    14,300 SF

    Property Features for 472 Lincoln St

    General Information

    Size
    14,300 SF
    Source: Pyramidbrokerage

    Listing Agent: Pyramid Brokerage Albany

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

    Overview

    Worcester Retail Redevelopment Opportunity

    This property presents a redevelopment opportunity in Worcester, Massachusetts. The space, formerly a Walgreens, offers approximately 14,300 square feet for sublease. The net charges are $8.79 per square foot, with a rental rate of $36.15 per square foot on a NNN basis.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Drug Store Edith R. Asiedu, ... Pharmacy COVID-19 Drive-Thru Testing ... Medical Laboratory FedEx OnSite Mailing Service TD Bank ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -71.778179
    Latitude
    42.2936284

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    FAQs

    What type of property is this?
    Retail property - Redevelopment opportunity in Worcester, former Walgreens, 14,300 SF available.
    Where is this retail property located?
    The property is located at 472 Lincoln St Worcester, MA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Redevelopment opportunity in the heart of Worcester, MA.; - Former Walgreens location.; - Available for sublease.
    (518) 452-2700
    Request Owner's contact information
    472 Lincoln St Worcester, MA 01605
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    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
    472 Lincoln St Worcester, MA 01605
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