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    311 Main St Worcester, MA 01608

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    For Lease
    $19 SF/Yr

    Five-story Class-B office/retail building on Main Street.

    Property size:
    13,000 SF
    Lot size:
    0.55 Acres

    Property Features for 311 Main St

    General Information

    Size
    13,000 SF
    Lot size
    0.55 Acres

    Source: Kelleher & Sadowsky Agent Evan Koogler

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

    Overview

    Worcester Office/Retail Space For Lease

    Located on Main Street in Worcester, 311 Main Street is a five-story, class-B office and retail building known as The Exchange Building, originally constructed in 1910. The property offers both street-level retail and office spaces available for lease and can accommodate various office and retail users. Dedicated, off-street parking is available to all tenants. The building is situated near amenities such as Worcester District Court, Mechanic's Hall, The Palladium, and the DCU Center, as well as numerous restaurants. The property has a total size of 13000 square feet.
    Location Intelligence

    Current Use by Public Records

    Discover Central Massachusetts Travel Agency May Carol Lynn Attorney Bowditch & Dewey Law Firm Scannell Thomas J Attorney Stone Kimberly A Attorney

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8008495
    Latitude
    42.2659444

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    FAQs

    What type of property is this?
    Office building - Five-story Class-B office/retail building on Main Street.
    Where is this office building located?
    The property is located at 311 Main St Worcester, MA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Worcester's Main Street.; - Dedicated, off-street parking for tenants.; - Close proximity to key amenities including Worcester District Court, Mechanic's Hall, The Palladium, The DCU Center, and restaurants.
    (774) 275-7221
    Request Owner's contact information
    311 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
    311 Main St Worcester, MA 01608
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