Worcester Office and Industrial
For Sale
Contact for pricing
Pending
41 Fremont St, Worcester, MA 01603
72,820 SF Worcester building with flexible occupancy.
Property Size72,820 SF
Days on Market159
Property Features for 41 Fremont St
General Information
Standard status
Pending
Size
72,820 SF
Property subtype
Industrial
Investment Type
Value Add
Building Details
Year Built
1900
Year Renovated
2023
Stories
3
Listing Agency:
Marcus & Millichap - Boston
(617) 896-7237
Listed By:
Anthony Fresolone · License #MA9589061
Source:
Crexi
Added: Mar 11
Changed: Aug 14
Last Checked: Aug 15 at 9:48AM
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 Marcus & Millichap - Boston
Investment Insights
Based on property information with market context.
The property at 41 Fremont Street, located in Worcester, Massachusetts, encompasses 72,820 square feet of office and industrial space. The building features 6,500 square feet of laboratory space completed in 2023, along with 1,400 square feet of finished office area and 46,660 square feet of first-floor warehouse space. The flexible occupancy makes it suitable for an owner-occupant or a value-added investor. The current owner has replaced a significant portion of the roof, updated life safety systems to code, subdivided warehouse spaces, and constructed a Class A cannabis testing laboratory. The sale includes 51 spaces located across Fremont Street. This building, over 100 years old, may qualify for the Historic Tax Credit program, potentially providing rebates of up to 40% of qualified construction costs. Situated in a rapidly evolving industrial district experiencing an influx of mixed-use and creative developments, Fremont Street benefits from Worcester's status as one of the fastest-growing cities in New England. The city features direct rail access to Boston, over 2,000 residential units under construction, two major hospitals, and top colleges, including Worcester Polytechnic Institute.
Key Highlights
- 72,820 SF of office and industrial space in Worcester, MA.
- Includes 6,500 SF of recently built‑out (2023) lab space.
- Flexible occupancy, suitable for owner‑occupant or value‑add investor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
754
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01603, MA
22,417
Population
8,504
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
83%
High-School Grad
4.5 sq mi
ZIP Area
4,982
Density / Sq Mi
$63,646
Median Household Income
$40,403
Median Earnings
$1,339
Median Rent
$287,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 72,820 SF Worcester building with flexible occupancy.
Where is this flex space located?
The property is located at 41 Fremont St Worcester, MA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 72,820 SF of office and industrial space in Worcester, MA.; Includes **6,500 SF of recently built‑out (2023) lab space.**; Flexible occupancy, suitable for owner‑occupant or value‑add investor.
