Retail Redevelopment Site with Multiple
For Sale
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205 Hope Ave, Worcester, MA 01603
Multi-building redevelopment site at a high-traffic rotary near an I-290 north onramp, including a former liquor store.
Property SizeContact for details
Lot Size2.00 Acres
Days on Market577
Property Features for 205 Hope Ave
General Information
Standard status
Active
Lot size
2.00 Acres
Property subtype
LAND
Site & Location
Traffic Count
16,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
NAI Glickman Kovago & Jacobs
(508) 753-9100
Listed By:
Tim Whittredge · License #9562752-RE-S
(774) 239-1900
Source:
Moodyscre
Added: Feb 13, 2025
Changed: Aug 8
Last Checked: Sep 13 at 11:37AM
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.
This +/- 2-acre redevelopment site offers five total buildings for retail and restaurant redevelopment or an owner-occupied investment scenario. The largest building is a 2,405 SF former liquor store with an active liquor license in place with the City/State. Additional existing structures include 783 SF restaurant use, 1,798 SF bakery use, 1,205 SF restaurant use, and a 423 SF barbershop.
The property is located at a heavily trafficked rotary at the intersection of Hope Ave and Webster St in Worcester. It is directly adjacent to the I-290 North onramp at the Auburn/Worcester line, and Hope Ave traffic is listed at 16,000 AADT.
The site’s mix of retail-oriented buildings provides an immediate foundation for continued use or redevelopment planning across multiple structures.
The property is located at a heavily trafficked rotary at the intersection of Hope Ave and Webster St in Worcester. It is directly adjacent to the I-290 North onramp at the Auburn/Worcester line, and Hope Ave traffic is listed at 16,000 AADT.
The site’s mix of retail-oriented buildings provides an immediate foundation for continued use or redevelopment planning across multiple structures.
Key Highlights
- ±2‑acre redevelopment site on a heavily trafficked rotary at Hope Ave and Webster St in Worcester
- Directly adjacent to the I‑290 North onramp at the Auburn/Worcester line
- Five total buildings on site, including a 2,405 SF former liquor store with an active liquor license
Property Analytics
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Current Use
Lease Details
16,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 01603, MA
22,417
Population
8,504
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
83%
High-School Grad
4.5 sq mi
ZIP Area
4,982
Density / Sq Mi
$63,646
Median Household Income
$40,403
Median Earnings
$1,339
Median Rent
$287,800
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Multi-building redevelopment site at a high-traffic rotary near an I-290 north onramp, including a former liquor store.
Where is this storefront property located?
The property is located at 205 Hope Ave Worcester, MA.
What are key features of this property?
This property features: ±2‑acre redevelopment site on a heavily trafficked rotary at Hope Ave and Webster St in Worcester; Directly adjacent to the I‑290 North onramp at the Auburn/Worcester line; Five total buildings on site, including a 2,405 SF former liquor store with an active liquor license
