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    590 Franklin St Worcester, MA 01604

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    For Lease
    $1,500 /Mo ($43 SF/Yr)

    Versatile retail space in high-traffic Worcester location, ready for customization.

    Property size:
    418 SF
    Lot size:
    418 SF

    Property Features for 590 Franklin St

    General Information

    Size
    418 SF

    Source: Jonah D. Glickman Agent Jonah D. Glickman

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

    Overview

    Retail Unit on Franklin Street

    Located at 590 Franklin St in Worcester, MA, this versatile retail unit offers approximately 418 square feet of space. Situated in a high-traffic area with excellent visibility, the property is surrounded by numerous businesses and residential homes. The interior is well-maintained and was most recently used as a small beauty salon. The existing interior is suitable for beauty, wellness, or retail businesses, and is ideal for a salon, boutique, wellness studio, or specialty retail shop. The property is located within residential neighborhoods near Crow Hill Reservation, providing easy access to Worcester’s thriving business districts, residential communities, and a variety of local, regional, and national businesses. Shrewsbury Street, one of Worcester’s popular dining and retail corridors, is a short 5-minute drive away, enhancing convenience and customer traffic. The space is nearly move-in ready for beauty, wellness, or boutique retail businesses, and can be customized to suit specific needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nu Vogue Salon Beauty Salon Genie's Beauty Salon Nail Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7782814
    Latitude
    42.2664024

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    FAQs

    What type of property is this?
    Retail space - Versatile retail space in high-traffic Worcester location, ready for customization.
    Where is this retail space located?
    The property is located at 590 Franklin St Worcester, MA.
    What is the lease rate?
    The lease rate is $43 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Franklin St in Worcester with excellent visibility; - Move-in ready for beauty, wellness, or boutique retail businesses; - Versatile ~400sf retail unit available for lease and sale
    (508) 868-3765
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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
    590 Franklin St Worcester, MA 01604
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