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    51 Summer St Worcester, MA 01608

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    For Sale
    $599,000

    1,680 SF building ideal for retail or vehicle-related businesses.

    Property size:
    1,680 SF
    Lot size:
    0.18 Acres

    Property Features for 51 Summer St

    General Information

    Size
    1,680 SF
    Lot size
    0.18 Acres

    Source: Centre Realty Group Agent Matt Javitch

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

    Overview

    Worcester Retail/Automotive Investment Opportunity

    This 1,680 square foot building is positioned in downtown Worcester, MA, offering visibility and accessibility. The property's layout and space are suited for retail operations or vehicle-related businesses. Its location in the Worcester area is intended to maximize exposure and customer traffic. The property is adjacent to a police station. It offers the potential for high customer traffic and establishing a presence in a thriving commercial hub.
    Insight Report Location Intelligence

    Current Use by Public Records

    JC’s Auto Center ... Auto Radiator Repair Service Midway General Motors Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7972619
    Latitude
    42.269596

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    FAQs

    What type of property is this?
    Retail space - 1,680 SF building ideal for retail or vehicle-related businesses.
    Where is this retail space located?
    The property is located at 51 Summer St Worcester, MA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Strategic location in Worcester, MA; - Excellent visibility and accessibility; - Ideal for retail or vehicle-related businesses
    (617) 332-0077
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    51 Summer St 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
    51 Summer St Worcester, MA 01608
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