179 Shrewsbury St Worcester Worcester, MA 01604

Building Details

Year Built

1925

Listing Agency a***@bournetosellrealestate.com Show Phone

Listed by Amanda Lucido Hodges Show Phone

Source Bournetosellrealestate

Added: Jun 4 Checked: Jun 13 at 2:27 am

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Investment Insights

Based on property information with market context.

This mixed-use offering pairs a stabilized income-producing commercial asset with a fully entitled residential development opportunity. The property is presented as an investment and development platform, with both the commercial component and the residential entitlement addressed within the same transaction structure.

The assemblage includes 179 Shrewsbury St and 3 Lyon Road in Worcester, positioned along the Shrewsbury Street restaurant and entertainment corridor. The seller notes strong pedestrian activity and excellent regional access within the area, supporting an active street-level retail and dining environment.

The buyer is seeking an offer either as a package or on the individual properties. This structure is well-suited for investors looking to acquire the stabilized commercial income component while also pursuing the residential development path supported by the existing entitlements. Developers and mixed-use operators may find the combined commercial and residential opportunity practical when underwriting projects that require both near-term cash flow and an entitled future use.

Key Highlights

• Year built: 1925
• Mixed‑use investment offering includes stabilized commercial income
• Fully entitled residential development opportunity included

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FAQs

What type of property is this?

Mixed-use property - Stabilized commercial income plus fully entitled residential development on two Worcester addresses.

Where is this mixed-use property located?

The property is located at 179 Shrewsbury St Worcester Worcester, MA.

What are key features of this property?

This property features: Year built: 1925; Mixed‑use investment offering includes stabilized commercial income; Fully entitled residential development opportunity included