Restaurant Condominium with Basement
New
For Sale
$599,900
407 Main St 2, Worcester, MA 01608
Main-level commercial space includes additional basement area for storage and operations.
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 + Basement
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 4:27PM
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 occupies more than 3,000 square feet on the main level and includes additional basement space for storage and operational use. The property previously housed a pizza restaurant for approximately 15 years and can accommodate continued restaurant use or retail occupancy.
The property is located at 407 Main St 2 in downtown Worcester, surrounded by established businesses and ongoing development. Its urban setting records a walk score of 77, a bike score of 43, and a transit score of 44, offering convenient pedestrian access with some public transportation and bike connectivity.
The property is located at 407 Main St 2 in downtown Worcester, surrounded by established businesses and ongoing development. Its urban setting records a walk score of 77, a bike score of 43, and a transit score of 44, offering convenient pedestrian access with some public transportation and bike connectivity.
Key Highlights
- More than 3,000 square feet on the main level
- Additional basement area for storage and operations
- Previously occupied by a pizza restaurant for approximately 15 years
Property Analytics
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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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Main-level commercial space includes additional basement area for storage and operations.
Where is this conventional restaurant located?
The property is located at 407 Main St 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; Additional basement area for storage and operations; Previously occupied by a pizza restaurant for approximately 15 years
