Mixed-Use Retail and Apartment
23 Millbury Street Worcester, MA 01610
23 Millbury Street, Worcester, MA, 01610
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For Sale
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Two retail storefronts and nine apartments in one mixed-use property, with resident laundry hookups and recently replaced roofs.
Property Size18,000 SF
Days on Market36
Property Features for 23 Millbury Street
General Information
- Standard status
- Active
- Size
- 18,000 SF
- Property subtype
- Retail, Mixed Use
Listing Agency
NorthEast Private Client Group Shelton
(203) 307-1574
Listed by
Taylor Perun · License #MA134963
Source
Crexi
Added: Jun 11 Checked: Jul 16 at 8:08 am
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 NorthEast Private Client Group Shelton
Investment Insights
Based on property information with market context.
This mixed-use building includes two retail storefronts and nine apartments, comprising four four-bedroom units and five three-bedroom units. Each apartment has laundry hookups, and the roofs have been replaced within the past year. Tenants are responsible for their own electric, gas heat, and hot water, which helps keep operating responsibilities in the tenants’ hands.
The property is located on Millbury Street in Worcester, within close proximity to Downtown Worcester, Polar Park, and Union Station, along with numerous local restaurants and amenities. An adjacent parcel at 15 Millbury Street is available for optional pairing, which may allow supplemental parking income for both residential and retail tenants.
For prospective owners or operators, the current mix of street-level retail and multi-bedroom apartment units offers a straightforward operating setup within a single asset. The tenant-paid utilities model and in-unit laundry hookups are practical features for day-to-day management, while the recent roof replacement is a tangible capital update. The option to pair the adjacent parcel provides an added consideration for operators evaluating potential parking support for tenants.
The property is located on Millbury Street in Worcester, within close proximity to Downtown Worcester, Polar Park, and Union Station, along with numerous local restaurants and amenities. An adjacent parcel at 15 Millbury Street is available for optional pairing, which may allow supplemental parking income for both residential and retail tenants.
For prospective owners or operators, the current mix of street-level retail and multi-bedroom apartment units offers a straightforward operating setup within a single asset. The tenant-paid utilities model and in-unit laundry hookups are practical features for day-to-day management, while the recent roof replacement is a tangible capital update. The option to pair the adjacent parcel provides an added consideration for operators evaluating potential parking support for tenants.
Key Highlights
- Mixed‑use Worcester property with 2 retail storefronts and 9 total apartments (4 four‑bedroom units and 5 three‑bedroom units).
- Tenant‑paid utilities: tenants are responsible for electric, gas heat, and hot water, helping minimize landlord utility expenses.
- Resident laundry hookups available in all units.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
European Cafe & Deli
Food Market
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FAQs
What type of property is this?
Storefront property - Two retail storefronts and nine apartments in one mixed-use property, with resident laundry hookups and recently replaced roofs.
Where is this storefront property located?
The property is located at 23 Millbury Street Worcester, MA.
What are key features of this property?
This property features: Mixed‑use Worcester property with 2 retail storefronts and 9 total apartments (4 four‑bedroom units and 5 three‑bedroom units).; Tenant‑paid utilities: tenants are responsible for electric, gas heat, and hot water, helping minimize landlord utility expenses.; Resident laundry hookups available in all units.
