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LEED Silver Seven-Story Office Building
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1 Mercantile St, Worcester, MA 01608

Seven-story LEED Silver office building built in 2012 with a newly renovated 860-car parking garage.

Property Size6,749 SF
Days on Market1290

Property Features for 1 Mercantile St

General Information

Standard status Active
Size 6,749 SF
Class A
Total Parking Spaces 860
Property subtype OFFICE

Building Details

Year Built 2012
Stories 7
Listing Agency: Kelleher & Sadowsky
Listed By: William D. Kelleher, IV
Source: Moodyscre
Added: Jan 19, 2023 Changed: Jul 28 Last Checked: Aug 1 at 8:13AM

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 Kelleher & Sadowsky

Investment Insights

Based on property information with market context.

One Mercantile is a seven-story, 214,000 square-foot LEED Silver office building constructed in 2012. The property offers up to 100,000 square feet of space for tenants and includes a newly renovated 860-car parking garage. Building zoning is described as accommodating a variety of industries, supporting diverse office use.

Located at 1 Mercantile Street in downtown Worcester, the building is positioned in the heart of the city’s business district, with easy access to points throughout downtown. The remarks also note proximity to Union Station for commuter convenience.

For office tenants considering relocation or expansion, One Mercantile is presented as a Class A asset within Worcester’s central business environment, with parking and available tenant space designed to support day-to-day operations.

Key Highlights

  • 7‑story, 214,000 SF LEED Silver office building constructed in 2012
  • Newly renovated 860‑car parking garage for tenant parking
  • Up to 100,000 SF of space available for tenants

Property Analytics

Current Use

O'Connor Maloney & Co ... Accounting Firm Commonwealth Consulting Group Bank Digital Investigations Law Firm FedEx Drop Box Postal Service Moneta Group | Boston ... Financial Advisor

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Building Supply Pharmacy Veterinary Clinic Kitchen & Bath Showroom

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

4,967
Businesses Nearby

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

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 building - Seven-story LEED Silver office building built in 2012 with a newly renovated 860-car parking garage.
Where is this office building located?
The property is located at 1 Mercantile St Worcester, MA.
What are key features of this property?
This property features: 7‑story, 214,000 SF LEED Silver office building constructed in 2012; Newly renovated 860‑car parking garage for tenant parking; Up to 100,000 SF of space available for tenants
(508) 596-5395 Call to check price and availability
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