Medical Office Space on Route
For Lease
$22 SF/Yr
116 Belmont Street, Worcester, MA 01605
Medical office spaces for lease near UMass Memorial Medical Center.
Space SizeContact for details
Days on Market158
Property Features for 116 Belmont Street
General Information
Standard status
Active
Property subtype
Office
Building Details
Year Built
1970
Listing Agency:
NAI Glickman Kovago & Jacobs
(508) 868-6182
Listed By:
Alexis Brissette · License #9583327
(508) 868-6182
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 11 at 5:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Glickman Kovago & Jacobs
Investment Insights
Based on property information with market context.
Located on Route 9 in Worcester, Massachusetts, 116 Belmont Street offers spaces for lease suitable for medical office or healthcare-related uses. The property is conveniently situated just off I-290 and directly across from UMass Memorial Medical Center, near downtown Worcester. Available suites include one 1,900 square feet unit and one 950 square feet unit. The location is approximately 0.8 miles from St. Vincent's Hospital and 1.1 miles from UMass' Hahnemann Campus on Lincoln Street. The property has 65+ parking spots and is in close proximity to Worcester's CBD. The daily traffic count exceeds 35,000.
Key Highlights
- Prime location directly on Route 9, across from UMass Memorial Medical Center
- Convenient access to I‑290
- Ample parking with 65+ spots
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,329
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01605, MA
29,218
Population
12,757
Households
2.3
Avg Household Size
35
Median Age
32%
College-Educated
87%
High-School Grad
5.7 sq mi
ZIP Area
5,126
Density / Sq Mi
$54,805
Median Household Income
$41,236
Median Earnings
$1,362
Median Rent
$349,800
Median Home Value
Market
Lease Benchmarks for Worcester, MA
$28.26 /SF/Yr
Avg Asking Price
$19.26–$42.49 /SF/Yr
Price Range
4,959 SF
Avg Space Size
This space is priced 22% below the average of $28.26 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office spaces for lease near UMass Memorial Medical Center.
Where is this medical office space located?
The property is located at 116 Belmont Street Worcester, MA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Prime location directly on Route 9, across from UMass Memorial Medical Center; Convenient access to I‑290; Ample parking with 65+ spots
