Prime Worcester Retail/Office
For Lease
Contact for pricing
340 Shrewsbury St, Worcester, MA 01604
Located on popular Shrewsbury Street with parking and easy access.
Space Size3,648 SF
Days on Market169
Property Features for 340 Shrewsbury St
General Information
Standard status
Active
Size
3,648 SF
Property subtype
Retail
Building Details
Building Size
3,648 SF
Year Built
1920
Spaces For Lease
at 340 Shrewsbury St Contact us- Size
- 3,648 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Unit 1
Listing Agency:
Kelleher & Sadowsky Associates Inc
Listed By:
Drew Higgins · License #9515069
(508) 635-6784
Source:
Kelleher-sadowsky
Added: Mar 26
Changed: Sep 8
Last Checked: Sep 10 at 8:27AM
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 Kelleher & Sadowsky Associates Inc
Investment Insights
Based on property information with market context.
Located on Shrewsbury Street in Worcester, Massachusetts, this property is available for sale or lease. Situated in a popular area with numerous amenities, it offers convenient access to Route 9, I-290, and Worcester's Central Business District. The property features approximately 30 on-site parking spaces. Previously used as a retail printing shop, the location benefits from high foot traffic and excellent visibility. The surrounding neighborhood is a vibrant retail district with diverse dining, shopping, and entertainment options. Nearby attractions include the Worcester Art Museum, EcoTarium, and Institute Park, providing cultural experiences for visitors and residents. This dynamic area is suitable for establishing a thriving retail presence.
Key Highlights
- Prime location on Shrewsbury Street, a popular retail district with high foot traffic and excellent visibility.
- Approximately 30 on‑site parking spaces.
- Quick and easy access to Route 9, I‑290, and Worcester's Central Business District.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 91%
Shops & Services 9%
Dunkin' Donuts
Dining
9,679 visits/mo
0.1 miles
Little Caesars Pizza
Dining
6,641 visits/mo
0.3 miles
SUBWAY
Dining
2,788 visits/mo
0.1 miles
Enterprise Rent-A-Car
Shops & Services
1,116 visits/mo
0.2 miles
Extra Space Storage
Shops & Services
674 visits/mo
0.1 miles
Demographics for 01604, MA
41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Worcester, MA
$25.25 /SF/Yr
Avg Asking Price
$13.79–$37.5 /SF/Yr
Price Range
3,821 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Located on popular Shrewsbury Street with parking and easy access.
Where is this retail space located?
The property is located at 340 Shrewsbury St Worcester, MA.
What are key features of this property?
This property features: Prime location on Shrewsbury Street, a popular retail district with **high foot traffic and excellent visibility**.; Approximately 30 on‑site parking spaces.; Quick and easy access to Route 9, I‑290, and Worcester's Central Business District.
