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Retail Suite with On-Site Parking
New
For Lease
$2,346/Mo

400 Grove Street #6, Worcester, MA 01605

The space offers convenient customer parking and BG-3 zoning for commercial use.

Space Size1,565 SF
Days on Market6

Property Features for 400 Grove Street #6

General Information

Standard status Active
Size 1,565 SF
Net Rentable 1,565 SF
Zoning BG-3

Space & Availability

Available Space 1,565 SF
Contiguous Space 1,565 SF

Amenities

on-site parking

Building Details

Year Built 1970
Listing Agency: Castinetti Realty Group
Listed By: Nicholas Panarelli
Source: Condonrealty
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 3:59PM

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

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Unit 6 is a 1,565-square-foot retail space at 400 Grove Street, built in 1970. The property includes on-site parking, and its zoning is BG-3.

The space is located on Grove Street in Worcester, with access to major routes, hospitals, and universities. Established businesses and residential communities are present in the surrounding area.

Key Highlights

  • 1,565 square feet of commercial space
  • On‑site parking
  • BG‑3 zoning

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

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

$20.98 /SF/Yr
Avg Asking Price
$7.53–$37.5 /SF/Yr
Price Range
3,881 SF
Avg Space Size

This space is priced 14% below the average of $20.98 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The space offers convenient customer parking and BG-3 zoning for commercial use.
Where is this retail space located?
The property is located at 400 Grove Street #6 Worcester, MA.
What is the lease rate?
The lease rate is $2,346/Mo.
What are key features of this property?
This property features: 1,565 square feet of commercial space; On‑site parking; BG‑3 zoning
More about this property
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