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    95 Prescott St Worcester, MA 01605

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    For Lease
    $16 SF/Yr

    Newly renovated 36,000 SF multi-use building near I-290.

    Lot size:
    1.40 Acres

    Property Features for 95 Prescott St

    General Information

    Lot size
    1.40 Acres

    Building Details

    Year built
    1900

    Source: Centre Realty Group Agent Alissa Charles

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

    Overview

    Renovated Multi-Use Building in Worcester

    Located seconds from I-290 and steps from WPIs Gateway Park, 95-99 Prescott St in Worcester is a newly renovated 36,000 SF multi-use building. The property is zoned BG-6 and features surface parking and natural light. It is suitable for creative studios, light industrial, R&D, or office use. The building offers 29 drive-in bays, a loading dock, heavy power, a freight elevator, and 24/7 access. Three available suites, sized at 3,447 SF, 4,997 SF, and 3,391 SF, are in shell condition and ready to be customized, with the possibility to sub-divide. This location is near downtown Worcester.
    Insight Report Location Intelligence

    Current Use by Public Records

    SeedThinkers, Inc Software Company Mass Megawatts Wind ... Electric Utility Company Recycling Technology Recycling Center Black Sheep Graphics Sign Shop Northeast Tint Window Tinting Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm 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
    -71.801054
    Latitude
    42.2776761

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    FAQs

    What type of property is this?
    Flex space - Newly renovated 36,000 SF multi-use building near I-290.
    Where is this flex space located?
    The property is located at 95 Prescott St Worcester, MA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime Worcester location, seconds from I-290 and steps from WPI's Gateway Park.; - Newly renovated 36,000 SF multi-use building suitable for creative studios, light industrial, R&D, or office use.; - 29 drive-in bays and a loading dock offer convenient operations.
    (617) 778-3425
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    95 Prescott St Worcester, MA 01605
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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
    95 Prescott St Worcester, MA 01605
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