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    55 Cedar St Worcester, MA 01609

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    For Lease
    $600 /Mo ($28 SF/Yr)

    Renovated office spaces perfect for various professionals, utilities included.

    Property size:
    250 SF
    Lot size:
    0.20 Acres

    Property Features for 55 Cedar St

    General Information

    Size
    250 SF
    Lot size
    0.20 Acres

    Source: Kelleher & Sadowsky Agent Thomas J. Bodden

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

    Overview

    Renovated Worcester Office Space Available

    Located at 55 Cedar Street in Worcester, Massachusetts, this property offers office spaces for lease. The building features one 850-square-foot office space and five individual offices. Renovated in 2024, the building provides a common waiting room area for all tenants. These offices are suitable for professionals such as therapists, psychiatrists, attorneys, CPAs, and real estate agents. Leases are gross, inclusive of utilities. Parking is shared on a first-come, first-served basis, with additional street parking available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mark O. Cutler, ... Psychiatrist Child & Family Services Medical Clinic Dr. Alex Cutler Psychiatrist Courtney L. Petter, ... Counselor Walker Therapeutic Massage Massage Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8125836
    Latitude
    42.266709

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    FAQs

    What type of property is this?
    Office space - Renovated office spaces perfect for various professionals, utilities included.
    Where is this office space located?
    The property is located at 55 Cedar St Worcester, MA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Recently renovated in 2024.; - Gross leases include utilities.; - Suitable for professionals like therapists, attorneys, CPAs, and real estate agents.
    (774) 214-6225
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    55 Cedar St Worcester, MA 01609
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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
    55 Cedar St Worcester, MA 01609
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