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393-397 Shrewsbury St Worcester, MA 01604

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For Sale
$1,600,000

Permitted 24-unit multifamily complex with commercial space in Worcester.

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Listing Contact
Alexis Brissette
Alexis Brissette
Source: Naiglobal

Listing Agent: Alexis Brissette

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

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Overview

Multifamily Development Opportunity on Shrewsbury

Located on Shrewsbury Street in Worcester, Massachusetts, this 0.39-acre parcel is fully permitted for a 24-unit multifamily apartment complex. The development includes market-rate residential units and a commercial space on the first floor. Underground parking is available for residents. Shrewsbury Street is a commercial hub known for its restaurants, local businesses, and cultural history. The location offers high visibility and access to Interstate 290 and Route 9. The area features dining, entertainment, and retail options within a walkable neighborhood, attracting foot traffic. Its proximity to downtown Worcester and Union Station makes it accessible. The mixed-use component adds value for business operators.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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City
Worcester
County
Worcester
State
Massachusetts
Longitude
-71.774979
Latitude
42.2709865

FAQs

What type of property is this?
Commercial land - Permitted 24-unit multifamily complex with commercial space in Worcester.
Where is this commercial land located?
The property is located at 393-397 Shrewsbury St Worcester, MA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Fully permitted for a 24-unit multifamily apartment complex.; - Prime location on Shrewsbury Street with high visibility and easy access to I-290.; - Includes commercial space on the first floor.
More about this property
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