Building Details

Year Built 1890

Listing Agency: RE/MAX Select Realty d***@remax.net Show Phone

Listed By: David Fay · License #9006615S Show Phone

Source: Elliman

Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 6:21AM

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Investment Insights

Based on property information with market context.

This unique two-room, loft-style office space features a waiting room and a private office. The unit includes large windows, high ceilings, and exposed brick. All utilities are included, and ample parking is available. The space is suitable for therapists, attorneys, and similar professionals. It will be available starting September 1, 2024.

Key Highlights

• Top location
• Loft style office featuring a waiting room and a private office
• All utilities included

Property Analytics

Property Profile

Current Use

houseplansma Architect EveryBody Massage Therapy Alternative Medicine Practice Baker Mental Health ... Medical Clinic LIKEMIND Mental Health ... Crisis Center Absolute Staffing Employment Agency

Suggested Use

Top Pick Pharmacy Garden Center Electrical Service Furniture & Home Goods Kitchen & Bath Showroom Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

5,452

Businesses Nearby

Explore this area Business Placement

Demographics for 01608, MA

4,996

Population

2,565

Households

1.9

Avg Household Size

28

Median Age

29%

College-Educated

74%

High-School Grad

0.5 sq mi

ZIP Area

9,992

Density / Sq Mi

$45,962

Median Household Income

$36,596

Median Earnings

$1,461

Median Rent

$117,100

Median Home Value

Market

Lease Benchmarks for Worcester, MA

$25.06 /SF/Yr

Avg Asking Price

$1.2–$42.49 /SF/Yr

Price Range

5,553 SF

Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Two-room loft office with utilities included, available 9/1/24.

Where is this office units located?

The property is located at 51 Union St 208 Worcester, MA.

What is the lease rate?

The lease rate is $800/Mo.

What are key features of this property?

This property features: Top location; Loft style office featuring a waiting room and a private office; All utilities included