60 Fremont St Worcester, MA 01603
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Industrial building with office space and potential for residential conversion.
Property size:
10,320 SFLot size:
5.31 AcresProperty Features for 60 Fremont St
General Information
- Size
- 10,320 SF
- Lot size
- 5.31 Acres
Source:
Moodyscre
Listing Agent: William D. Kelleher, Iv
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Worcester Industrial Building For Lease
The property at 60 Fremont Street, Worcester, Massachusetts, is an industrial building featuring approximately 110,446 square feet across three stories. Situated on approximately 5.3 acres of industrially zoned land (MG-2.0), the building is approximately 65% leased to multiple tenants. The property has approximately $311,000 in Net Operating Income (NOI) and has potential for a sale leaseback with the seller. DCAMM (Massachusetts Trial Court) currently leases approximately 51,000 square feet with over 6 years remaining on their lease. There is approximately 37,000 square feet of vacant industrial and office space available, offering potential for future income. The property lends itself to possible future residential conversion with zoning relief or a variance and potential for historic tax credits. The property offers distribution access throughout New England and is located minutes from major highways, including Interstate 495, Interstate 90 (Mass Pike), Interstate 290, Route 20, and downtown Worcester.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dan's Auto Repairs
Auto Repair Shop
Abas Accessories
Department Store
Worcester City-Sch Department
High School
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8295986
- Latitude
- 42.2409239
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Industrial building with office space and potential for residential conversion.
Where is this office units located?
The property is located at 60 Fremont St Worcester, MA.
What are key features of this property?
This property features: - Excellent location with immediate access to major highways (I-495, I-90, I-290, Route 20) and downtown Worcester, providing exceptional distribution access throughout New England.; - Significant income potential with approximately $311,000 Net Operating Income (NOI) and 37,000 SF of vacant industrial/office space available for lease.; - Existing long-term tenant (DCAMM) leasing ±51,000 SF with 6+ years remaining on their lease, providing stable income.
