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    85-103 Green St Worcester, MA 01604

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    For Lease
    $35 SF/Yr ($5,833 /Mo)

    2,000 SF corner retail in vibrant Canal District.

    Property size:
    2,000 SF
    Lot size:
    1.18 Acres

    Property Features for 85-103 Green St

    General Information

    Size
    2,000 SF
    Lot size
    1.18 Acres

    Source: NAI Glickman Kovago & Jacobs Agent Michael C. Jacobs

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

    Overview

    Prime Corner Retail Space Available

    This 2,000-square-foot corner retail space is located in the heart of the Canal District on Green Street. The space is part of The Cove Development, which features 173 market-rate apartments, a 16,000-square-foot Flatbread Pizza/Bowling Alley, and a rooftop bar. The location on Green Street provides high foot traffic. The space boasts 75 feet of window frontage, ensuring visibility and exposure. The property is situated in the upcoming Multi-Family/Retail Development and commands views of Polar Park. Completion and pre-leasing are scheduled to commence in Q2-2024.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm 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
    -71.7984392
    Latitude
    42.2579703

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    FAQs

    What type of property is this?
    Retail space - 2,000 SF corner retail in vibrant Canal District.
    Where is this retail space located?
    The property is located at 85-103 Green St Worcester, MA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner retail space with **high visibility due to 75 feet of window frontage**.; - Located in the heart of the Canal District on Green Street, a high-traffic pedestrian hub.; - Part of The Cove Development, a dynamic environment with 173 market-rate apartments.
    (508) 753-9100
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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
    85-103 Green St Worcester, MA 01604
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