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993-1003 Main St Leicester, MA 01524

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For Sale
$1,500,000

Three buildings totaling 13,000 SF, 25 bedrooms, redevelopment potential.

Lot size:
2.23 Acres

Property Features for 993-1003 Main St

General Information

Lot size
2.23 Acres

Building Details

Year built
1800

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Listing Contact
Todd Lornell
Source: Elliman

Listing Agent: Todd Lornell

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

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Overview

Multifamily Redevelopment Opportunity

This portfolio comprises three buildings totaling approximately 13,000 square feet and featuring 25 spacious bedrooms. The properties are ideally positioned for redevelopment into multifamily residences, co-living communities, or group housing. Currently set up as large single family homes, this offering provides investors and developers a rare opportunity to create desirable housing options with significant income potential. The combination of size, layout, and location makes this portfolio a standout choice for adaptive reuse or residential conversion projects. It is located adjacent to the high-demand area housing city of Worcester.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop

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

Location Insight

  • Map
  • Local Demand
City
Leicester
County
Worcester
State
Massachusetts
Longitude
-71.9049341
Latitude
42.2460205

FAQs

What type of property is this?
Apartment building - Three buildings totaling 13,000 SF, 25 bedrooms, redevelopment potential.
Where is this apartment building located?
The property is located at 993-1003 Main St Leicester, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Portfolio of three buildings totaling approximately 13,000 square feet with 25 bedrooms.; - Ideally positioned for redevelopment into multifamily residences, co-living communities, or group housing.; - Located adjacent to the high-demand area housing city of Worcester.
More about this property
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