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    119 Dewey St Worcester, MA 01610

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    For Sale
    $299,900

    1.43-acre industrial property with redevelopment potential near downtown Worcester.

    Lot size:
    1.43 Acres

    Property Features for 119 Dewey St

    General Information

    Lot size
    1.43 Acres

    Building Details

    Year built
    1930

    Source: Khattar Realty, Inc. Agent Anthony Khattar

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

    Overview

    Worcester Industrial Redevelopment Opportunity

    This 1.43-acre industrial property presents a development opportunity centrally located near downtown Worcester and area colleges. The site features frontage on three streets and includes a single-story warehouse. The warehouse has a 15-ft overhead door and three additional drive-in doors. Utilities available at the property include water, sewer, natural gas, and 3-phase power. Off-street parking and yard storage are present. The property offers potential for subdivision, with the buyer responsible for verification. The City of Worcester has expressed interest in partnering with investors to help realize the site's potential for industrial or housing development, with the buyer to perform due diligence on all permitted uses. The property is suitable for redevelopment or adaptive reuse.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    A & D Cold Storage, Terminal Warehouse, Inc., Armory Street Cold Storage, Near2Me Storage Units, Gemse

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8209407
    Latitude
    42.2580762

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    FAQs

    What type of property is this?
    Warehouse - 1.43-acre industrial property with redevelopment potential near downtown Worcester.
    Where is this warehouse located?
    The property is located at 119 Dewey St Worcester, MA.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - 1.43-acre industrial property with major redevelopment/adaptive reuse potential.; - Prime central location near downtown Worcester and area colleges.; - Frontage on three streets, offering excellent visibility and access.
    (833) 542-8827
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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
    119 Dewey St Worcester, MA 01610
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