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Retail Space Near Polar Park
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120 Washington Street, Worcester, MA 01608

Street-level retail space in a redeveloped apartment building.

Space SizeContact for details
Lot Size4.00 Acres
Days on Market167

Property Features for 120 Washington Street

General Information

Standard status Active
Lot size 4.00 Acres
Property subtype Retail
Listing Agency: NAI Glickman Kovago & Jacobs
Listed By: Michael C. Jacobs · License #9562752-RE-S
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 20 at 5:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Glickman Kovago & Jacobs

Investment Insights

Based on property information with market context.

This street-level retail space offers 1,777 square feet in an 83-unit apartment building. The property is located on a hard corner in the redeveloped Table Talk Pies factory site. Situated directly opposite the main entrance to Polar Park on Madison Street, the 4-acre site includes 30,000 square feet of new street-level retail space and 460 apartments in three buildings. This location offers high-profile retail opportunities.

Key Highlights

  • Hard corner street level retail location directly opposite the main entrance to Polar Park.
  • Located within the redevelopment of the famous former Table Talk Pies factory.
  • Part of a 30,000 SF new street level retail development.

Property Analytics

Current Use

Same Day Dumpster ... Waste Management Facility Electrical Maintenance Services ... Electrical Service

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Pharmacy Storage Facility Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,150
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Shops & Services 34% Groceries 17% Hotels & Casinos 3%
Burger King Dining
19,049 visits/mo 0.1 miles
Gala Foods Supermarket Groceries
15,286 visits/mo 0.4 miles
Dunkin' Donuts Dining
13,113 visits/mo 0.2 miles
Speedway Shops & Services
9,299 visits/mo 0.1 miles
Shell Shops & Services
8,050 visits/mo 0.3 miles

Demographics for 01608, MA

4,996
Population
2,565
Households
1.9
Avg Household Size
28
Median Age
29%
College-Educated
74%
High-School Grad
0.5 sq mi
ZIP Area
9,992
Density / Sq Mi
$45,962
Median Household Income
$36,596
Median Earnings
$1,461
Median Rent
$117,100
Median Home Value

Market

Lease Benchmarks for Worcester, MA

$29.59 /SF/Yr
Avg Asking Price
$17.99–$43.2 /SF/Yr
Price Range
3,846 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Street-level retail space in a redeveloped apartment building.
Where is this retail space located?
The property is located at 120 Washington Street Worcester, MA.
What are key features of this property?
This property features: Hard corner street level retail location directly opposite the main entrance to Polar Park.; Located within the redevelopment of the famous former Table Talk Pies factory.; Part of a 30,000 SF new street level retail development.
More about this property
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