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Ground-Floor Mixed-Use Condo
For Sale
Contact for pricing
Pending

5 State Street #G -1, Worcester, MA 01609

Ground-level condo configured for office use with a stated path toward residential conversion.

Property SizeContact for details
Days on Market143

Property Features for 5 State Street #G -1

General Information

Standard status Pending
Property subtype Office, Mixed Use

Space & Availability

Floor Ground Floor
Furnished Yes

Site & Location

Highway Access Yes
Public Transit Yes

Building Details

Tenancy Single
Listing Agency: Berkshire Hathaway HS Commonwealth Commercial Division
Listed By: John Casillo · License #MA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 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 Berkshire Hathaway HS Commonwealth Commercial Division

Investment Insights

Based on property information with market context.

This ground-floor condominium at 5 State Street is currently arranged as office space, with room for at least four offices and a conference area. Office furniture, including desks and chairs, may convey if desired. The unit is also described as having residential conversion potential, subject to installing a full bathroom and stove. It is currently leased through November 2024.

The property is .04 mile from I-290 and within 1 mile of U-Mass Memorial hospital. Downtown Worcester, the train station, airport, DCU Center, Art Museum, Elm Park, restaurants, and other local amenities are within 2 miles. Building improvements include a newer roof approximately 4 years old; HVAC was replaced 4-5 years ago and serviced twice annually.

Key Highlights

  • Ground‑floor condominium currently configured as office space
  • Layout accommodates at least four offices and a conference area
  • Office desks and chairs may be included with the unit

Property Analytics

Current Use

Michael M. Franklin, ... Law Firm Worcester County Abstract ... Title Company Need Help Project, ... Association / Organization Vargas III Frank A Law Firm Brooks Law LLC Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Catering Service Pet Store Pet Store & Service Bed & Breakfast

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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,539
Businesses Nearby

Demographics for 01609, MA

23,870
Population
9,126
Households
2.6
Avg Household Size
29
Median Age
49%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
6,451
Density / Sq Mi
$61,411
Median Household Income
$32,399
Median Earnings
$1,212
Median Rent
$422,100
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-level condo configured for office use with a stated path toward residential conversion.
Where is this mixed-use property located?
The property is located at 5 State Street #G -1 Worcester, MA.
What are key features of this property?
This property features: Ground‑floor condominium currently configured as office space; Layout accommodates at least four offices and a conference area; Office desks and chairs may be included with the unit
More about this property
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