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Retail and Office Center with Curb Cuts
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490 Shrewsbury St, Worcester, MA 01604

Retail space within Piccadilly Plaza with curb cuts on Shrewsbury St and Rt. 9 and 160 parking spaces.

Property Size2,000 SF
Days on Market732

Property Features for 490 Shrewsbury St

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 160
Property subtype RETAIL

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Wuxi Biologics
Road Access Yes

Amenities

curb cuts on Shrewsbury St. and Rt. 9
excellent visibility
signage
pylons

Building Details

Building Size 27,000 SF
Tenancy Multi
Listing Agency: American Commercial Real Estate
Listed By: Dusty Burke III
Source: Moodyscre
Added: Jul 29, 2024 Changed: Jul 29 Last Checked: Jul 29 at 5:21PM

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 American Commercial Real Estate

Investment Insights

Based on property information with market context.

Piccadilly Plaza offers a retail space within a combined restaurant, retail, and office center totaling 27,000 SF. The available space is listed at 2,000 SF. The property is positioned at 490 Shrewsbury St and provides direct access with curb cuts on Shrewsbury St and Rt. 9.

The center is described as having excellent visibility with signage and pylons. Nearby tenant activity includes Wuxi Biologics, approximately 700 employees and opening soon. Customer convenience is supported by 160 parking spaces on site.

This configuration can support tenants seeking a prominent retail address with direct vehicle access and strong on-site parking within a multi-use retail and office setting.

Key Highlights

  • Piccadilly Plaza retail space within a 27,000 SF restaurant, retail, and office center
  • 2,000 SF available retail space
  • Curb cuts on Shrewsbury St and Rt. 9 for straightforward vehicle access

Property Analytics

Current Use

Corinthia Harris Oil ... (Bike/Boat/Book/etc) Store Cassie Rey Baby ... (Bike/Boat/Book/etc) Store Maria’s Beauty Hair Salon Worcester Divorce Mediation ... Law Firm

Suggested Use

Top Pick Electrical Service Law Firm HVAC Service Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,822
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 87% Shops & Services 13%
McDonald's Dining
35,196 visits/mo 0.1 miles
Little Caesars Pizza Dining
6,641 visits/mo 0.2 miles
Dunkin' Donuts Dining
5,038 visits/mo 0.3 miles
U-Haul Shops & Services
3,406 visits/mo 0.1 miles
People's United Bank Shops & Services
2,864 visits/mo 0.2 miles

Demographics for 01604, MA

41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value

Market

Lease Benchmarks for Worcester, MA

$22.15 /SF/Yr
Avg Asking Price
$6–$37.5 /SF/Yr
Price Range
4,138 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space within Piccadilly Plaza with curb cuts on Shrewsbury St and Rt. 9 and 160 parking spaces.
Where is this retail space located?
The property is located at 490 Shrewsbury St Worcester, MA.
What are key features of this property?
This property features: Piccadilly Plaza retail space within a 27,000 SF restaurant, retail, and office center; 2,000 SF available retail space; Curb cuts on Shrewsbury St and Rt. 9 for straightforward vehicle access
(508) 735-5976 Call to check price and availability
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