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    531 Main St Worcester, MA 01608

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    For Sale
    $395,000

    2,768 SF office condo in thriving downtown Worcester.

    Property size:
    2,768 SF
    Lot size:
    0.20 Acres

    Property Features for 531 Main St

    General Information

    Size
    2,768 SF
    Lot size
    0.20 Acres

    Source: NAI Glickman Kovago & Jacobs Agent Jeffrey R. Borus

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

    Overview

    Worcester Office Condo For Sale

    This 2,768 square foot office condo features a spacious and flexible layout, including private offices, a reception area, and additional second-floor space. The professionally managed building offers secure entry, central heating and AC, and on-site maintenance. Conveniently located in the heart of Worcester, the property provides close proximity to major highways and public transportation. It is also walkable to restaurants, retail establishments, and attractions such as the Hanover Theatre. This presents an ownership opportunity in a thriving downtown district.
    Insight Report Location Intelligence

    Current Use by Public Records

    Federal Square Condominium Condominium Complex

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Auto Repair Shop Hair Salon Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8028691
    Latitude
    42.2615397

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    FAQs

    What type of property is this?
    Office space - 2,768 SF office condo in thriving downtown Worcester.
    Where is this office space located?
    The property is located at 531 Main St Worcester, MA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Prime Location: Heart of Worcester, walkable to restaurants, retail, and attractions; convenient to highways and public transportation.; - Spacious & Flexible Layout: 2,768 SF office condo with private offices, reception area, and additional second-floor space.; - Professionally Managed Building: Secure entry, central heating & AC, and on-site maintenance.
    (508) 753-9100
    Request Owner's contact information
    531 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
    531 Main St Worcester, MA 01608
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