Restaurant Space with
New
For Lease
$3,000/Mo
407 Main St 2, Worcester, MA 01608
Main-level storefront includes auxiliary basement space for storage and operations.
Space SizeContact for details
Property Size4,784 SF
Days on Market2
Property Features for 407 Main St 2
General Information
Standard status
Active
Size
4,784 SF
Property subtype
Commercial
Additional Details
Floor
Ground
Taxes and HOA fees
Annual Taxes
$16,614
Building Details
Building Size
4,784 SF
Year Built
1890
Listing Agency:
RE/MAX Partners
Listed By:
James Kalogeropoulos · License #9072828
(774) 696-1810
Source:
Elliman
Added: Sep 9
Last Checked: Sep 9 at 3:47PM
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 RE/MAX Partners
Investment Insights
Based on property information with market context.
This restaurant-oriented storefront at 407 Main St 2 provides more than 3,000 square feet on the main level, complemented by basement space that can support storage and operational functions. The premises were originally developed for McDonald’s and later used by a pizza restaurant, providing a documented food-service history.
The property is in downtown Worcester, within an urban setting that includes established businesses and new development. Walk Score is 77, designated Very Walkable; Bike Score is 43, or Somewhat Bikeable; and Transit Score is 44, indicating Some Transit. Built in 1890, the space may also accommodate retail use in addition to restaurant operations.
The property is in downtown Worcester, within an urban setting that includes established businesses and new development. Walk Score is 77, designated Very Walkable; Bike Score is 43, or Somewhat Bikeable; and Transit Score is 44, indicating Some Transit. Built in 1890, the space may also accommodate retail use in addition to restaurant operations.
Key Highlights
- >3,000 square feet on the main level
- Additional basement area for storage and operations
- Originally developed for McDonald’s
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,091
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 29%
Groceries 17%
Hotels & Casinos 16%
Starbucks
Dining
30,578 visits/mo
0.5 miles
Gala Foods Supermarket
Groceries
15,286 visits/mo
0.4 miles
Hilton Garden Inn Worcester
Hotels & Casinos
11,920 visits/mo
0.3 miles
Shell
Shops & Services
8,050 visits/mo
0.4 miles
Dollar Tree
Shops & Services
7,326 visits/mo
0.5 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Worcester, MA
$19.38 /SF/Yr
Avg Asking Price
$7.53–$25 /SF/Yr
Price Range
83,050 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?
Conventional restaurant - Main-level storefront includes auxiliary basement space for storage and operations.
Where is this conventional restaurant located?
The property is located at 407 Main St 2 Worcester, MA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: >3,000 square feet on the main level; Additional basement area for storage and operations; Originally developed for McDonald’s
