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    906 Main St Worcester, MA 01610

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    For Sale
    $665,000

    Three-story building near downtown Worcester with redevelopment potential.

    Property size:
    5,091 SF
    Lot size:
    0.18 Acres

    Property Features for 906 Main St

    General Information

    Size
    5,091 SF
    Lot size
    0.18 Acres

    Source: Kelleher & Sadowsky Agent Drew C. Higgins

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

    Overview

    Worcester Multifamily/Office Conversion Opportunity

    Located at 906 Main Street in Worcester, MA, this three-story building encompasses 5,091 square feet and is situated on a 0.27-acre lot. Currently, the property serves as student housing for Clark University, accommodating approximately 15 to 20 graduate students. The property presents the option to continue operating as student housing or be converted back into a multifamily property. Zoned BG 3.0, the building also allows for conversion to various uses, including office space. Its location near downtown Worcester and the Main South neighborhood positions it as an investment opportunity with growth potential. The property is easily accessible to major thoroughfares. Its zoning provides a foundation for capitalizing on the city's economic growth.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8195599
    Latitude
    42.2519605

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    FAQs

    What type of property is this?
    Apartment building - Three-story building near downtown Worcester with redevelopment potential.
    Where is this apartment building located?
    The property is located at 906 Main St Worcester, MA.
    What is the asking price?
    The asking price for this property is $665,000.
    What are key features of this property?
    This property features: - Potential for continued use as student housing or conversion to multifamily property.; - Strategic location near downtown Worcester and the Main South neighborhood.; - Favorable BG 3.0 zoning allows for diverse uses, including office space.
    (508) 735-1783
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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
    906 Main St Worcester, MA 01610
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