Restaurant Condominium with
New
For Sale
$599,900
407 Main Street #2, Worcester, MA 01608
Two-level commercial condominium with main-floor retail space and supplemental basement area for storage or operations.
Property Size4,784 SF
Price / SF$125.40
Days on Market2
Property Features for 407 Main Street #2
General Information
Standard status
Active
Size
4,784 SF
Zoning
BG-6
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
Source:
413realestate
Added: Sep 9
Last Checked: Sep 9 at 2:27PM
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 conventional restaurant condominium at 407 Main Street, Unit 2, provides more than 3,000 square feet on the main level, with additional basement space for storage and operational support. The property size is listed at 4,784, and the building dates to 1890. Its configuration supports restaurant or retail occupancy, with the existing layout offering flexibility for an owner-operator or investor seeking a commercial presence in downtown Worcester.
The unit was originally developed for McDonald's and later housed a pizza restaurant for approximately 15 years. It is surrounded by established businesses and ongoing development within downtown Worcester. The basement component expands the usable footprint beyond the main sales or service area and provides space for back-of-house functions.
The unit was originally developed for McDonald's and later housed a pizza restaurant for approximately 15 years. It is surrounded by established businesses and ongoing development within downtown Worcester. The basement component expands the usable footprint beyond the main sales or service area and provides space for back-of-house functions.
Key Highlights
- More than 3,000 square feet on the main level
- 4,784 listed property size
- Additional basement area for storage and operations
Property Analytics
Current Use
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
Market
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 - Two-level commercial condominium with main-floor retail space and supplemental basement area for storage or operations.
Where is this conventional restaurant located?
The property is located at 407 Main Street #2 Worcester, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: More than 3,000 square feet on the main level; 4,784 listed property size; Additional basement area for storage and operations
