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    385 Pleasant St Worcester, MA 01609

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    For Sale
    $599,999

    Mixed-use property with residential and commercial spaces in Worcester.

    Lot size:
    0.15 Acres

    Property Features for 385 Pleasant St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1905

    Source: RE/MAX Partners Agent James Bahnan

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

    Overview

    Mixed-Use Property in Elm Park

    Located in the Elm Park area of Worcester, this mixed-use property at 385 Pleasant St features two residential units and one street-level commercial space. The property, zoned BL-1, totals approximately 3,200 sq ft and includes two separate dwellings. One residential unit is tenant-occupied at below-market rent, presenting an opportunity for increased income. The second residential unit has been newly renovated and is move-in ready. The commercial space offers visibility suitable for various business uses. There is potential to add parking in the rear of the property. This property is suitable for investors or business owners seeking to build equity while generating income in a Worcester location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -71.8152459
    Latitude
    42.2638

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with residential and commercial spaces in Worcester.
    Where is this mixed-use property located?
    The property is located at 385 Pleasant St Worcester, MA.
    What is the asking price?
    The asking price for this property is $599,999.
    What are key features of this property?
    This property features: - Prime Worcester location in the desirable Elm Park area.; - Mixed-use property with 2 residential units and 1 commercial space.; - Newly renovated, move-in ready residential unit ideal for owner-occupant.
    (774) 696-9266
    Request Owner's contact information
    385 Pleasant 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
    385 Pleasant St Worcester, MA 01609
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