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    342 Greenwood St Worcester, MA 01607

    For Sale
    $799,900

    Well-located office building in Worcester, Millbury & Auburn area.

    Lot size:
    0.26 Acres

    Property Features for 342 Greenwood St

    General Information

    Lot size
    0.26 Acres

    Building Details

    Year built
    1898

    Source: Khattar Realty, Inc. Agent Anthony Khattar

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

    Overview

    Professional Office Building For Sale

    This professional office building is located in the tri-town area of Worcester, Millbury, and Auburn, adjacent to the Fair Shopping Plaza and surrounded by retail centers. It offers visibility and access, near Route 20, I-90, and the Route 146 connector, with a city bus stop nearby. The property includes 15+ parking spaces. The first floor features a reception area and two private offices or meeting rooms. Interior renovations include drywall, ceilings, updated flooring, and refreshed bathrooms. The second floor has a separate front and rear entrance, three rooms, and a half bath, suitable for rental, shared office space, or a private suite. Additional features include updated electrical, vinyl windows, and siding. The first floor is ADA accessible. A full basement includes a concrete floor and cement overlay walls. The layout is suitable for a variety of professional uses. The property is zoned RG-5; the buyer is responsible for verifying intended use with the City.
    Insight Report Location Intelligence

    Current Use by Public Records

    Abdulmassih Abe DC Chiropractor Ibrahim Abdulmassih, DC Chiropractor Abe's Chiropractic Center Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7963021
    Latitude
    42.2150914

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    FAQs

    What type of property is this?
    Office building - Well-located office building in Worcester, Millbury & Auburn area.
    Where is this office building located?
    The property is located at 342 Greenwood St Worcester, MA.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: - Prime location in the desirable tri-town area of Worcester, Millbury & Auburn with excellent visibility and access.; - High traffic area adjacent to Fair Shopping Plaza (Burlington & Price Chopper).; - Convenient access to Rt. 20, I-90, and Rt. 146 connector; city bus stop.
    (833) 542-8827
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    342 Greenwood St Worcester, MA 01607
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    Worcester, MA 01607
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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
    342 Greenwood St Worcester, MA 01607
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