Waterfront Medical Office
For Lease
$40 SF/Yr
195 Lake Ave, Worcester, MA 01604
Lake-view windowed office space with newer finishes and ADA compliance, with utilities included and ample parking.
Space SizeContact for details
Days on Market69
Property Features for 195 Lake Ave
General Information
Standard status
Active
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$24,106
Building Details
Year Built
2000
Listing Agency:
Quinsigamond Realty
Listed By:
Michael Madulka · License #9010673
(508) 579-7777
Source:
Donnellyandco
Added: Jun 29
Changed: Sep 4
Last Checked: Sep 4 at 12:19PM
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.
Professionally maintained waterfront medical office suite at 195 Lake Ave with walls of lake-view windows. The interior is currently configured with smaller rooms plus one larger open room. Common areas have newer carpet, and the office areas feature luxury vinyl plank flooring. The suite also provides access to a kitchen, foyer, and restrooms available for clients, customers, or patients, along with 3-phase electric to support specialty equipment.
The property is located on a bus route with stops next door and across the street. It offers plenty of curbside and off-street parking and is ADA compliant, with quick access to major routes. UMASS Medical is approximately a 2-minute ride or 1 mile away.
Utilities are included in the monthly rent, and the space is described as smoke-free inside and out. The stated leasing requirements include good income and at least a 700 credit score.
The property is located on a bus route with stops next door and across the street. It offers plenty of curbside and off-street parking and is ADA compliant, with quick access to major routes. UMASS Medical is approximately a 2-minute ride or 1 mile away.
Utilities are included in the monthly rent, and the space is described as smoke-free inside and out. The stated leasing requirements include good income and at least a 700 credit score.
Key Highlights
- Waterfront Lake Quinsigamond office space with lake‑view window walls
- Year built 2000; ADA compliant
- Utilities included in the monthly rent (no need to budget for utility bills)
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$27.98 /SF/Yr
Avg Asking Price
$18.5–$42.49 /SF/Yr
Price Range
4,791 SF
Avg Space Size
This space is priced 43% above the average of $27.98 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Lake-view windowed office space with newer finishes and ADA compliance, with utilities included and ample parking.
Where is this medical office space located?
The property is located at 195 Lake Ave Worcester, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Waterfront Lake Quinsigamond office space with lake‑view window walls; Year built 2000; ADA compliant; Utilities included in the monthly rent (no need to budget for utility bills)
