Mixed-Use Redevelopment
For Sale
Contact for pricing
340 Main St, Worcester, MA 01608
30,000 SF mixed-use property with redevelopment potential.
Property Size381,368 SF
Price / SF$65.55
Days on Market154
Property Features for 340 Main St
General Information
Standard status
Active
Size
381,368 SF
Total Parking Spaces
320
Property subtype
Mixed Use, Multifamily, Retail
Zoning
BG-6
Investment Type
Redevelopment
Building Details
Year Built
1897
Buildings
2
Stories
10
Units
312
Listing Agency:
Horvath & Tremblay
(215) 302-4400
Listed By:
Craig Dunkle · License #PA RS324418
Source:
Crexi
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 8 at 6:36AM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
This mixed-use property offers a redevelopment opportunity. The property encompasses 30,000 square feet and includes 312 units and 523 storage units. It is part of a development with $31.9 million in tax credits. The property size is 381,368 square feet.
Key Highlights
- Redevelopment opportunity awaits!
- Benefit from $31.9M in tax credits.
- 312 Units offer great potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 30,000 SF mixed-use property with redevelopment potential.
Where is this mixed-use property located?
The property is located at 340 Main St Worcester, MA.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: Redevelopment opportunity awaits!; Benefit from $31.9M in tax credits.; 312 Units offer great potential.
