Wedding Venue With Theater
New
For Lease
$25 SF/Yr
50A Franklin St, Worcester, MA 01608
Flexible downtown event space combines a built-out kitchen, bar service, dedicated event areas, and entertainment infrastructure.
Space Size6,818 SF
Property Size241,766 SF
Days on Market2
Property Features for 50A Franklin St
General Information
Standard status
Active
Size
6,818 SF
Property subtype
Commercial
Space & Availability
Contiguous Space
6,818 SF
Divisible
Yes
Additional Details
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$287,129
Building Details
Building Size
241,766 SF
Year Built
1912
Listing Agency:
Centre Realty Group
(617) 778-3425
Listed By:
Alissa Charles
(617) 778-3425
Source:
Elliman
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 21 at 4:59AM
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 Centre Realty Group
Investment Insights
Based on property information with market context.
This second-generation event venue offers up to approximately 6,818 SF with subdivision flexibility and an established hospitality build-out. Improvements include a commercial kitchen, open preparation area, pizza oven, bar with approximately 40 tap lines, dedicated event space, and a separate theater and entertainment component. The configuration supports wedding receptions, private events, conferences, food-and-beverage operations, and ticketed programming as described for the property.
The venue is located at 50A Franklin St in downtown Worcester, at Franklin and Portland Streets overlooking Worcester Common. It forms part of a mixed-use building with approximately 250 residential units, office space, restaurant and entertainment components, and nearby public parking. The property is also within proximity to Worcester’s theatre district and has walkScore 77, bikeScore 43, and transitScore 44.
The venue is located at 50A Franklin St in downtown Worcester, at Franklin and Portland Streets overlooking Worcester Common. It forms part of a mixed-use building with approximately 250 residential units, office space, restaurant and entertainment components, and nearby public parking. The property is also within proximity to Worcester’s theatre district and has walkScore 77, bikeScore 43, and transitScore 44.
Key Highlights
- Up to approximately 6,818 SF with subdivision flexibility
- Commercial kitchen with open/prep kitchen and state of the art pizza oven
- Bar equipped with approximately 40 tap lines
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,984
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 25%
Groceries 20%
Hotels & Casinos 19%
Burger King
Dining
19,049 visits/mo
0.5 miles
Gala Foods Supermarket
Groceries
15,286 visits/mo
0.3 miles
Hilton Garden Inn Worcester
Hotels & Casinos
11,920 visits/mo
0.4 miles
Speedway
Shops & Services
9,299 visits/mo
0.5 miles
Shell
Shops & Services
8,050 visits/mo
0.2 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
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Frequently Asked Questions
What type of property is this?
Wedding venue - Flexible downtown event space combines a built-out kitchen, bar service, dedicated event areas, and entertainment infrastructure.
Where is this wedding venue located?
The property is located at 50A Franklin St Worcester, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Up to approximately 6,818 SF with subdivision flexibility; Commercial kitchen with open/prep kitchen and state of the art pizza oven; Bar equipped with approximately 40 tap lines
