Retail Space in Prime
For Lease
Contact for pricing
31-35 Park Ave, Worcester, MA 01605
Retail building in the heart of the city's commercial sector.
Space SizeContact for details
Days on Market169
Property Features for 31-35 Park Ave
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
1970
Listing Agency:
NAI Glickman Kovago & Jacobs
(774) 230-3448
Listed By:
Michael C. Jacobs · License #9058150
(774) 230-3448
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 22 at 5:19AM
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 retail building is situated in the highly desirable Gold Star Blvd/Grove Street area. The property involves the redevelopment of an existing retail building into a new 11,000 square foot retail strip, which is subdividable down to 1,500 square feet. It is directly adjacent to The Trolley Yard, a new 68,000 square foot retail center. The immediate neighborhood features five new commercial developments currently under construction, totaling over 150,000 square feet of new retail, medical, and office space.
Key Highlights
- Prime location in the highly desirable Gold Star Blvd/Grove Street commercial area.
- Redevelopment into a new 11,000 sq ft retail strip.
- Subdividable space, offering flexibility down to 1500 sq ft.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
232k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 26%
Groceries 23%
Apparel 4%
Chick-fil-A
Dining
74,303 visits/mo
0.5 miles
Shaw's Supermarket
Groceries
54,297 visits/mo
0.4 miles
Shell
Shops & Services
20,818 visits/mo
0.1 miles
Starbucks
Dining
12,078 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
11,869 visits/mo
0.1 miles
Demographics for 01605, MA
29,218
Population
12,757
Households
2.3
Avg Household Size
35
Median Age
32%
College-Educated
87%
High-School Grad
5.7 sq mi
ZIP Area
5,126
Density / Sq Mi
$54,805
Median Household Income
$41,236
Median Earnings
$1,362
Median Rent
$349,800
Median Home Value
Market
Lease Benchmarks for Worcester, MA
$29.59 /SF/Yr
Avg Asking Price
$17.99–$43.2 /SF/Yr
Price Range
3,846 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building in the heart of the city's commercial sector.
Where is this retail space located?
The property is located at 31-35 Park Ave Worcester, MA.
What are key features of this property?
This property features: Prime location in the highly desirable Gold Star Blvd/Grove Street commercial area.; Redevelopment into a new **11,000 sq ft retail strip**.; Subdividable space, offering flexibility down to 1500 sq ft.
