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    994 Grafton St Worcester, MA 01605

    For Lease
    Contact for pricing

    Retail space for lease in a high-traffic Worcester location.

    Property size:
    8,511 SF
    Lot size:
    8,511 SF

    Property Features for 994 Grafton St

    General Information

    Size
    8,511 SF

    Source: Tim Whittredge Agent Tim Whittredge

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

    Overview

    Retail Space on Grafton Street

    Located on Grafton Street in Worcester, this site at 994 Grafton St offers an opportunity for retail use or ground lease development. The property benefits from traffic exposure of approximately 20,000 cars per day. The surrounding area includes national retailers and services such as McDonalds, Starbucks, Dunkin Donuts, Stop & Shop, O'Reilly's Auto Parts, and Taco Bell. The existing building offers approximately 8,511 sq ft of retail space on a lot size of approximately 0.7 acres. Within a 3-mile radius, the population exceeds 108,000 and is projected to grow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gibson's Natural Pet Pet Store Amazon Counter - Gibson’s ... Shipping And Mailing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7580991
    Latitude
    42.2442181

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in a high-traffic Worcester location.
    Where is this retail space located?
    The property is located at 994 Grafton St Worcester, MA.
    What are key features of this property?
    This property features: - High-visibility location on Grafton Street retail corridor.; - Strong traffic exposure: +\/-20,000 cars per day.; - Existing **8,511 sq ft retail space** on site.
    (774) 239-1900
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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
    994 Grafton St Worcester, MA 01605
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