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    112 Grove St Worcester, MA 01612

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    For Lease
    $8 SF/Yr ($13,221 /Mo)

    19,000 SF retail, flex, or industrial space for lease.

    Property size:
    18,133 SF
    Lot size:
    0.64 Acres

    Property Features for 112 Grove St

    General Information

    Size
    18,133 SF
    Lot size
    0.64 Acres

    Source: Kelleher & Sadowsky Agent James G. Umphrey

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

    Overview

    Versatile Space in Accessible Location

    Located at 112 Grove Street in Worcester, MA, this property offers approximately 19,000 square feet of versatile space suitable for retail, flex, or industrial use. The building features a 17-foot 6-inch clear height, a drive-in door, and an open layout. The property is in a highly accessible area with convenient access to I-290, Route 9, and downtown Worcester, making it a strategic location for various business operations. The available space is situated within a building of 18,133 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rainbow Furniture Furniture Store Safeway Luxury Transportation Limousine Service

    Suggested Use

    Restaurant Auto Repair Shop Accounting Firm Kitchen & Bath Food Market Cafe & Coffee Shop Car Rental Plumbing Service Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8020787
    Latitude
    42.2773292

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    FAQs

    What type of property is this?
    Flex space - 19,000 SF retail, flex, or industrial space for lease.
    Where is this flex space located?
    The property is located at 112 Grove St Worcester, MA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Approximately 19,000 square feet of versatile space suitable for retail, flex, or industrial use.; - Highly accessible location with easy access to I-290, Route 9, and downtown Worcester.; - Features a **17-foot 6-inch clear height.**
    (508) 579-6080
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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
    112 Grove St Worcester, MA 01612
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