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    95-99 Prescott St Worcester, MA 01605

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    For Lease
    $16 SF/Yr ($15,780 /Mo)

    Multi-use building with customizable suites near I-290 and WPI.

    Property size:
    11,835 SF
    Lot size:
    1.38 Acres

    Property Features for 95-99 Prescott St

    General Information

    Size
    11,835 SF
    Lot size
    1.38 Acres

    Source: Centre Realty Group Agent Fionnula Bohan

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

    Overview

    Renovated Flex Space Near I-290

    Located moments from I-290 and steps from WPI’s Gateway Park, this renovated 36,000 square foot multi-use building is suitable for businesses seeking growth. The property features 29 drive-in bays, a loading dock, heavy power, a freight elevator, and 24/7 access. The space is suitable for creative studios, light industrial, research and development, or office use. There are three available suites measuring 3,447 square feet, 4,997 square feet, and 3,391 square feet, all in shell condition and ready to be customized, with the possibility to sub-divide. Zoned BG-6, the property includes surface parking and natural light. It is located in a prime Worcester location near downtown.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm 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
    -71.801054
    Latitude
    42.2776761

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    FAQs

    What type of property is this?
    Flex space - Multi-use building with customizable suites near I-290 and WPI.
    Where is this flex space located?
    The property is located at 95-99 Prescott St Worcester, MA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime location seconds from I-290 and steps from WPI’s Gateway Park.; - **Newly renovated 36,000 SF multi-use building** suitable for various business types.; - **29 drive-in bays, loading dock, heavy power, and freight elevator.**
    (617) 332-0077
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    95-99 Prescott St Worcester, MA 01605
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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
    95-99 Prescott St Worcester, MA 01605
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