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    142 Highland St, Unit 1 Worcester, MA 01609

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    For Lease
    $3,000 /Mo

    Small retail space suitable for restaurant, office, or professional business.

    Lot size:
    0.13 Acres

    Property Features for 142 Highland St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1920

    Source: RE/MAX Partners Agent James Kalogeropoulos

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

    Overview

    Versatile Retail Space For Rent

    This versatile small retail space presents an opportunity for various professional business uses, including restaurant or office. The property is situated in a high-visibility area and has been the site of a successful business for over 50 years. The location is suitable for new business owners or existing businesses considering relocation or expansion.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Building Supply 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
    -71.8085731
    Latitude
    42.2711562

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    FAQs

    What type of property is this?
    Retail space - Small retail space suitable for restaurant, office, or professional business.
    Where is this retail space located?
    The property is located at 142 Highland St, Unit 1 Worcester, MA.
    What are key features of this property?
    This property features: - High-visibility location ideal for attracting customers.; - Versatile space suitable for restaurant, office, or retail.; - Proven location with a 50+ year history of successful business.
    (508) 635-8259
    Request Owner's contact information
    142 Highland St, Unit 1 Worcester, MA 01609
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    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
    142 Highland St, Unit 1 Worcester, MA 01609
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