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Full-Floor Office Space
New
For Lease
$18 SF/Yr

5-554 Main St, Worcester, MA 01608

A configurable upper-floor suite combines larger rooms and private offices with elevator service and restrooms on the same level.

Space SizeContact for details
Days on Market6

Property Features for 5-554 Main St

General Information

Standard status Active
Elevators Yes

Space & Availability

Divisible Yes
Floor 5

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $97,508

Amenities

multi-stall restrooms
multiple stairwells
Listing Agency: RE/MAX Partners
Listed By: James Kalogeropoulos · License #9072828
Source: Exprealty
Added: Sep 30 Changed: Oct 5 Last Checked: Oct 4 at 2:34PM

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.

The fifth floor at 554 Main Street offers 10,000 square feet of office space, available as one premises or in divisible sections. Its layout includes a mix of larger suites and private rooms, while perimeter windows bring natural light into the space. Elevator service, multi-stall restrooms on the floor, and several stairwells serve the premises.

An adjacent garage offers parking. The property is near restaurants, City Hall, the courthouse, and the Hanover Theatre, with access to I-290 and the Mass Pike.

Key Highlights

  • 10,000 square feet across the fifth floor
  • Available as a single premises or in divisible sections
  • Perimeter windows provide natural light throughout the floor

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Furniture & Home Goods Electrical Service (Bike/Boat/Book/etc) Store Catering Service Butcher Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,949
Businesses Nearby

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

Lease Benchmarks for Worcester, MA

$20.03 /SF/Yr
Avg Asking Price
$9–$40 /SF/Yr
Price Range
5,522 SF
Avg Space Size

This space is priced 10% below the average of $20.03 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - A configurable upper-floor suite combines larger rooms and private offices with elevator service and restrooms on the same level.
Where is this office units located?
The property is located at 5-554 Main St Worcester, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 10,000 square feet across the fifth floor; Available as a single premises or in divisible sections; Perimeter windows provide natural light throughout the floor
More about this property
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