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For sale
Showrooms
MA
Worcester
01606
130 W Boylston Street

Worcester Commercial Building with Highway Visibility

130 W Boylston Street, Worcester, MA 01606

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For Sale

$1,400,000

Two-story commercial building with showroom, storage, and ample parking.

Type:Commercial

Property size:

7,620 SF

Price / SF:

$183/SF

HighLights

Owner financing available at 5% APR with a 10‑year term (30% down).
Prime location with high highway visibility and direct access from Route 290 & Route 190 (Exit 1).
BG‑3 zoning allows for a wide variety of commercial uses.
7,620 sq.ft. two‑story building with ample parking for 30+ cars.
First floor features a large 2,000 sq.ft. showroom and huge 1,500 sq.ft. storage area with 3 loading doors.
Proximity to the new Greendale Amazon facility (1 minute away).

We can help!

Listing Contact

Paul Clifford

Learn more

For Sale

$1,400,000

Two-story commercial building with showroom, storage, and ample parking.

Type:Commercial

Property size:

7,620 SF

Price / SF:

$183/SF

Added:: Jun 1, 2024
Days on Market:: 738
Last Refresh:: Apr 21 at 6:21 am

Property Features for 130 W Boylston Street

General Information

Standard status: Active
Size: 7,620 SF
Property subtype: Commercial

Building Details

Year Built: 1935

We can help!

Listing Contact

Paul Clifford

Listing agent Paul Clifford

Listing office The Neighborhood Realty Group

Listing date Jun 1, 2024

Source Stevebremis

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 The Neighborhood Realty Group

HighLights

Owner financing available at 5% APR with a 10‑year term (30% down).
Prime location with high highway visibility and direct access from Route 290 & Route 190 (Exit 1).
BG‑3 zoning allows for a wide variety of commercial uses.
7,620 sq.ft. two‑story building with ample parking for 30+ cars.
First floor features a large 2,000 sq.ft. showroom and huge 1,500 sq.ft. storage area with 3 loading doors.
Proximity to the new Greendale Amazon facility (1 minute away).

Overview

This two-story commercial building, located on West Boylston Street in Worcester, features 7,620 square feet of space and parking for over 30 vehicles. The building is zoned BG-3, which allows for a variety of uses. The first floor includes two secure walk-up counters, an office, a bathroom, a 2,000-square-foot showroom with a 16-inch ceiling, a separate workspace, and a 1,500-square-foot storage area with a 16-inch ceiling and three loading doors. The second floor offers a large, open area of 2,800 square feet with a 12-inch ceiling, as well as a bathroom. The property is located seconds from Route 190 and Route 290, and one minute from the Amazon facility scheduled to open this fall. The building is visible from the highway.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$137.2k	$18.00
− Vacancy	−$10.4k	−$1.37
EGI	$126.7k	$16.63
− OpEx	−$19.0k	−$2.49
NOI	$107.7k	$14.14

7,620 SF · lease $18.00/SF/yr · vacancy 7.60% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$1.54M

$1.35M – $1.80M (±1% cap)

NOI $107,725 @ 7.0% cap · market cap 7.69%

Second Best

Retail

$1.50M

$1.31M – $1.75M (±1% cap)

NOI $104,733 @ 7.0% cap · market cap 7.48%

Theoretical Best

Office A

$2.54M

$2.23M – $2.97M (±1% cap)

NOI $178,037 @ 7.0% cap · market cap 12.72%

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

Location Intelligence

Current Use by Public Records

Showrooms

Suggested Use

Similar Places Nearby

Kitchen Design and Beyond — 120 W Boylston St, Worcester, MA 01606

Location Insight

Map
Local Demand

City: Worcester
County: Worcester
State: Massachusetts
Longitude: -71.8040026
Latitude: 42.2939379

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For sale
Showrooms
MA
Worcester
01606
130 W Boylston Street

What type of property is this?

Showroom - Two-story commercial building with showroom, storage, and ample parking.

Where is this showroom located?

The property is located at 130 W Boylston Street Worcester, MA.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Owner financing available at 5% APR with a 10‑year term (30% down).; Prime location with high highway visibility and direct access from Route 290 & Route 190 (Exit 1).; BG‑3 zoning allows for a wide variety of commercial uses.