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    105 Madison St Worcester, MA 01610

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    For Lease
    Contact for pricing

    Retail space for lease in Worcester, available Spring 2023.

    Property size:
    9,000 SF
    Lot size:
    10.90 Acres

    Property Features for 105 Madison St

    General Information

    Size
    9,000 SF
    Lot size
    10.90 Acres

    Source: Atlantic Retail - Corporate Agent Adam Cirel

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

    Overview

    Retail Space in Worcester Available

    Retail space is anticipated to be available in Spring 2023. Phase 1 offers up to 18,000 square feet of total retail space. The property is suitable for restaurant, service, and amenity businesses. Parking is provided by a 350-car parking garage, plus an additional surface lot and street parking. The location is in Worcester, where the average housing price is lower than the Massachusetts average, and which offers nightlife, diverse restaurants, colleges and universities, and events. The property size is 9,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.802756
    Latitude
    42.2561717

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in Worcester, available Spring 2023.
    Where is this retail space located?
    The property is located at 105 Madison St Worcester, MA.
    What are key features of this property?
    This property features: - Retail space available Spring 2023.; - Up to 18,000 SF of total retail space.; - 350 car parking garage plus additional surface lot and street parking.
    (617) 335-6765
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    Worcester, MA 01610
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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
    105 Madison St Worcester, MA 01610
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