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 4:54AM

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Investment Insights

Based on property information with market context.

This loft-style office space features a large, open room with a full side of windows and high ceilings. The wide-open floor plan includes exposed brick. All utilities are included, and ample parking is available. The property is suitable for therapists, attorneys, and similar professionals and is available for immediate occupancy.

Key Highlights

• Top location
• Large open room with wide open floor plan
• High ceilings and exposed brick

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Loft-style office with open layout, utilities included, parking.

Where is this office units located?

The property is located at 51 Union St 220 Worcester, MA.

What is the lease rate?

The lease rate is $900/Mo.

What are key features of this property?

This property features: Top location; Large open room with wide open floor plan; High ceilings and exposed brick