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Mixed-Use Building with Retail
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203 Pleasant St, Worcester, MA 01609

Four-story brick property combining apartment residences with a street-level retail space and separately metered electric service.

Property SizeContact for details
Days on Market144

Property Features for 203 Pleasant St

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use
Listing Agency: NAI Glickman Kovago & Jacobs
Listed By: Indrek Buttner · License #MA 1​5​1​3​9​4
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 7:09PM

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 NAI Glickman Kovago & Jacobs

Investment Insights

Based on property information with market context.

This four-story brick mixed-use building includes 15 apartments and one retail suite at street level. The residential component comprises three 3-bedroom apartments, four 2-bedroom apartments, six 1-bedroom apartments, and two studios. Four apartments were renovated last year, and replacement windows have been installed throughout the property.

The building is certified de-leaded and includes a monitored fire alarm system installed in 2014. A hot water heater was added in 2012. Electric service is separately metered, with tenants responsible for the electric expense. The apartments have an established occupancy history, while the ground-floor retail space adds a commercial component to the property’s income-producing configuration.

Key Highlights

  • 15 apartments plus one street‑level retail space
  • Unit mix includes three 3‑bedroom, four 2‑bedroom, six 1‑bedroom, and two studio apartments
  • Certified de‑leaded, four‑story brick building at 203 Pleasant St

Property Analytics

Current Use

Gifshop&plus (Bike/Boat/Book/etc) Store Nouvo Nails and Salon ... Hair Salon Nicasiohairandnails Hair Salon Taboo Beauty Salon Hair Salon Ojedas's Gift Shop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Locksmith Tanning Salon Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,833
Businesses Nearby

Demographics for 01609, MA

23,870
Population
9,126
Households
2.6
Avg Household Size
29
Median Age
49%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
6,451
Density / Sq Mi
$61,411
Median Household Income
$32,399
Median Earnings
$1,212
Median Rent
$422,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-story brick property combining apartment residences with a street-level retail space and separately metered electric service.
Where is this mixed-use property located?
The property is located at 203 Pleasant St Worcester, MA.
What are key features of this property?
This property features: 15 apartments plus one street‑level retail space; Unit mix includes three 3‑bedroom, four 2‑bedroom, six 1‑bedroom, and two studio apartments; Certified de‑leaded, four‑story brick building at 203 Pleasant St
More about this property
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