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    507 Main St Worcester, MA 01608

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    For Lease
    $20 SF/Yr ($1,955 /Mo)

    1,173 SF retail space on Worcester’s Main Street.

    Property size:
    1,173 SF
    Lot size:
    0.22 Acres

    Property Features for 507 Main St

    General Information

    Size
    1,173 SF
    Lot size
    0.22 Acres

    Source: Centre Realty Group Agent Alissa Charles

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

    Overview

    Main Street Retail Space Available

    This 1,173 SF retail space is located on Main Street in Worcester. The location offers street visibility and foot traffic. It features a modern glass storefront. The interior provides a flexible, open floor plan that can be customized for various uses, including retail, wellness, professional services, or a creative studio. This high-traffic corridor offers exposure in a commercial district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Freddy G.Master barber Barber Shop City Jewelry Jeweler Park Plaza Apartment Building Santander Bank Branch Bank Santander Bank ATM Atm

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm 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
    -71.8025703
    Latitude
    42.261949

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    FAQs

    What type of property is this?
    Retail space - 1,173 SF retail space on Worcester’s Main Street.
    Where is this retail space located?
    The property is located at 507 Main St Worcester, MA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Excellent street visibility on Worcester's Main Street.; - High foot traffic location.; - Flexible, open 1,173 SF floor plan.
    (617) 332-0077
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    507 Main St Worcester, MA 01608
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    Worcester, MA 01608
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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
    507 Main St Worcester, MA 01608
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