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Wedding Venue With Theater
New
For Lease
$25 SF/Yr

50a Franklin Street, Worcester, MA 01608

Flexible event space includes a commercial kitchen, bar service, and dedicated entertainment facilities.

Space Size6,818 SF
Days on Market6

Property Features for 50a Franklin Street

General Information

Standard status Active
Size 6,818 SF
Lease Term []

Additional Details

Divisible Yes

Building Details

Year Built 1912
Listing Agency: Centre Realty Group
Listed By: Alissa Charles
Source: Foster-healey
Added: Aug 17 Changed: Aug 22 Last Checked: Aug 22 at 2:49AM

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 event and entertainment venue occupies up to approximately 6,818 square feet within a mixed-use property built in 1912. The space offers subdivision flexibility, a fully equipped commercial kitchen, an open preparation area with a pizza oven, a bar with approximately 40 tap lines, dedicated event areas, and a separate theater and entertainment component.

The property is located at Franklin and Portland Streets overlooking Worcester Common, with nearby public parking and proximity to Worcester’s theatre district. The surrounding mixed-use building includes approximately 250 residential units, office space, a restaurant, and an on-site entertainment component, placing the venue within an established downtown setting.

The existing layout supports event, food-and-beverage, and entertainment operations, including weddings, corporate gatherings, conferences, private celebrations, ticketed programming, and full or partial buyouts.

Key Highlights

  • Up to approximately 6,818 SF with subdivision flexibility
  • Commercial kitchen with open preparation area and pizza oven
  • Bar equipped with approximately 40 tap lines

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Veterinary Clinic Butcher Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Locksmith

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

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

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Wedding venue - Flexible event space includes a commercial kitchen, bar service, and dedicated entertainment facilities.
Where is this wedding venue located?
The property is located at 50a Franklin Street 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 preparation area and pizza oven; Bar equipped with approximately 40 tap lines
More about this property
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