393-397 Shrewsbury St Worcester, MA 01604

Listing agency NAI Glickman Kovago & Jacobs a***@glickmankovago.com Show Phone

Listed by Alexis Brissette Show Phone

Source Naiglobal

Added: Mar 6 Updated: Jul 6 at 10:34AM Checked: Jul 21 at 5:14AM

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

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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.