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CVS 24-Hour Retail Space
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400 Park Ave, Worcester, MA 01609

A CVS health hub identified for continuous, around-the-clock retail operations.

Property Size14,952 SF
Days on Market144

Property Features for 400 Park Ave

General Information

Standard status Active
Size 14,952 SF
Property subtype Retail

Additional Details

Cap Rate 8.86%
Listing Agency: Encore Real Estate Investment Services
Listed By: Danny Samona · License #MI 6501387591
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:43PM

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 Encore Real Estate Investment Services

Investment Insights

Based on property information with market context.

This retail space is identified as a CVS location operating around the clock and positioned as a health hub. The offering encompasses 14,952 SF of retail area and is presented with an 8.86% CAP rate.

The property is located at 400 Park Ave in Worcester, Massachusetts, within ZIP code 01609. Its retail format, CVS identity, continuous operating schedule, and health-focused positioning define the available property information.

Key Highlights

  • CVS retail location identified as a health hub
  • 24‑hour operating location
  • 14,952 SF of retail space

Property Analytics

Current Use

CVS Pharmacy Pharmacy CVS Pharmacy CVS Photo (Bike/Boat/Book/etc) Store Redbox Cinema MoneyGram Bank

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Pet Store Pet Store & Service 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

2,247
Businesses Nearby
128k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Groceries 28% Dining 26% Electronics 4%
Big Y World Class Market Groceries
35,667 visits/mo 0.3 miles
Wendy's Dining
16,455 visits/mo 0.4 miles
Gulf Oil Shops & Services
13,415 visits/mo 0.5 miles
Speedway Shops & Services
11,481 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,248 visits/mo 0.4 miles

Demographics for 01609, MA

23,870
Population
9,126
Households
2.6
Avg Household Size
29
Median Age
49%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
6,451
Density / Sq Mi
$61,411
Median Household Income
$32,399
Median Earnings
$1,212
Median Rent
$422,100
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - A CVS health hub identified for continuous, around-the-clock retail operations.
Where is this retail space located?
The property is located at 400 Park Ave Worcester, MA.
What are key features of this property?
This property features: CVS retail location identified as a health hub; 24‑hour operating location; 14,952 SF of retail space
(248) 702-0286 Call to check price and availability
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