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Waterfront Office Suite with ADA Access
For Lease
$750/Mo

195 Lake Ave Unit Rear Left, Worcester, MA 01604

Office suite with shared waiting area, common kitchen, and on-site parking, located on Lake Quinsigamond.

Space SizeContact for details
Days on Market48

Property Features for 195 Lake Ave Unit Rear Left

General Information

Standard status Active
Property subtype COMMERCIAL

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $24,106

Amenities

shared waiting area
common kitchen area
men/women baths
ADA compliant
curbside parking
off street parking
bus route

Building Details

Year Built 2000
Listing Agency: Quinsigamond Realty
Listed By: Michael Madulka · License #454500647
Source: Donnellyandco
Added: Jul 9 Changed: Aug 21 Last Checked: Aug 24 at 1:11PM

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 Quinsigamond Realty

Investment Insights

Based on property information with market context.

This waterfront office unit is located at the rear-left position and includes a shared waiting area, heat, electricity, and water for the office. Tenant access also includes a common kitchen area and men’s and women’s restrooms on the street level for tenant use, which are not included in the unit’s square footage. An on-site dumpster is provided for office trash.

The property is set on Lake Quinsigamond and offers quick access to the Mass Pike, Route 20, and Route 9. It is near UMASS Medical Center and biotech locations, with a bus route nearby. Dock space is described as negotiable, and the building provides both curbside and off-street parking, with ADA compliance.

The offering is subject to tenant requirements including good income, at least a 700 credit score, and no smoking inside or outside.

Key Highlights

  • Waterfront office space on Lake Quinsigamond in a building built in 2000
  • Suite includes shared waiting area plus common kitchen area and men’s/women’s baths on street level
  • Utilities included: heat, electricity, and water

Property Analytics

Current Use

RescueREO Property Management Company Nancy J - Rossi ... Medical Clinic Quinsigamond Realty Real Estate Agency Dr. Sean Markey, ... Physician fundamental bodywork Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Electrical Service Furniture & Home Goods Kitchen & Bath Showroom Bakery Grocery & Convenience 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby

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

$24.92 /SF/Yr
Avg Asking Price
$1.2–$42.49 /SF/Yr
Price Range
5,845 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suite with shared waiting area, common kitchen, and on-site parking, located on Lake Quinsigamond.
Where is this office units located?
The property is located at 195 Lake Ave Unit Rear Left Worcester, MA.
What is the lease rate?
The lease rate is $750/Mo.
What are key features of this property?
This property features: Waterfront office space on Lake Quinsigamond in a building built in 2000; Suite includes shared waiting area plus common kitchen area and men’s/women’s baths on street level; Utilities included: heat, electricity, and water
More about this property
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