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Paved Development Site with BG-6 Zoning
For Sale
$1,300,000

295 Southbridge St, Worcester, MA 01608

Unimproved, paved parcel with BG-6.0 high-density zoning and broad by-right commercial use potential in Worcester’s Canal District.

Property SizeContact for details
Lot Size0.63 Acres
Days on Market67

Property Features for 295 Southbridge St

General Information

Standard status Active
Lot size 0.63 Acres
Property subtype Land
Zoning BG-6

Taxes and HOA fees

Annual Taxes $7,072
Listing Agency: Castinetti Realty Group
Listed By: Andrea B Castinetti · License #9584752
Source: Dohertyproperties
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 22 at 3:37AM

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 Castinetti Realty Group

Investment Insights

Based on property information with market context.

295 Southbridge Street is a ±10.63-acre paved, unimproved development site offered as a standalone parcel. The property is described as shovel-ready, and it is positioned at the convergence of Southbridge Street and Jackson Street in Worcester’s Canal District.

The site is governed by BG-6.0 zoning, which the offering materials describe as the highest-density commercial classification in the City of Worcester. The zoning permits a 6:1 floor-area ratio by right, with no maximum height limit and no minimum setbacks. The materials also state that multifamily, hotel, medical, office, retail, life sciences, and cannabis dispensary uses are permitted by right.

This configuration can fit developers seeking a flexible, by-right path to design for multiple high-density commercial and mixed-use scenarios on a paved lot. The offering notes that nearby abutting parcels to the north and northeast have been sold to separate owners and are not available for assemblage, which keeps the purchase centered on the standalone site.

Key Highlights

  • 0.63‑acre (27,443± SF) paved, unimproved development site at the intersection of Southbridge St and Jackson St in Worcester’s Canal District
  • BG‑6.0 zoning: highest‑density commercial classification in the City of Worcester, allowing a 6:1 floor‑area ratio by right
  • BG‑6.0 zoning permits multifamily high‑rise and low‑rise, hotel, medical, office, retail, life sciences, and cannabis dispensary uses by right

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Hotel & Motel Building Supply Gym & Fitness Center Storage Facility 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

2,794
Businesses Nearby

Demographics for 01608, MA

4,996
Population
2,565
Households
1.9
Avg Household Size
28
Median Age
29%
College-Educated
74%
High-School Grad
0.5 sq mi
ZIP Area
9,992
Density / Sq Mi
$45,962
Median Household Income
$36,596
Median Earnings
$1,461
Median Rent
$117,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Unimproved, paved parcel with BG-6.0 high-density zoning and broad by-right commercial use potential in Worcester’s Canal District.
Where is this commercial land located?
The property is located at 295 Southbridge St Worcester, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 0.63‑acre (27,443± SF) paved, unimproved development site at the intersection of Southbridge St and Jackson St in Worcester’s Canal District; BG‑6.0 zoning: highest‑density commercial classification in the City of Worcester, allowing a 6:1 floor‑area ratio by right; BG‑6.0 zoning permits multifamily high‑rise and low‑rise, hotel, medical, office, retail, life sciences, and cannabis dispensary uses by right
More about this property
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