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Wedding Venue With Theater Component
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50A Franklin Street, Worcester, MA 01608

Built-out hospitality space combines event facilities, food service infrastructure, and dedicated entertainment capabilities.

Property Size241,766 SF
Price / SF$0.00
Days on Market4

Property Features for 50A Franklin Street

General Information

Standard status Active
Size 241,766 SF
Property subtype Commercial

Building Details

Year Built 1912
Listing Agency: Centre Realty Group
Listed By: Fionnula Bohan
Source: Lockandkeyre
Added: Aug 19 Changed: Aug 22 Last Checked: Aug 22 at 4:52AM

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 wedding and event venue occupies up to approximately 6,818 SF within a mixed-use property built in 1912. The existing build-out includes a commercial kitchen, pizza oven, open preparation area, bar service with approximately 40 tap lines, dedicated event space, and a separate theater and entertainment component. Subdivision flexibility supports multiple space configurations.

The property is located at 50A Franklin Street at the Franklin and Portland Street intersection in Downtown Worcester, overlooking Worcester Common. The surrounding building includes approximately 250 residential units, office space, an on-site restaurant, and entertainment uses. Nearby public parking and proximity to Worcester’s theatre district add established activity around the venue.

Key Highlights

  • Up to approximately 6,818 SF with subdivision flexibility
  • Commercial kitchen, pizza oven, and open preparation kitchen
  • 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.

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 - Built-out hospitality space combines event facilities, food service infrastructure, and dedicated entertainment capabilities.
Where is this wedding venue located?
The property is located at 50A Franklin Street Worcester, MA.
What are key features of this property?
This property features: Up to approximately 6,818 SF with subdivision flexibility; Commercial kitchen, pizza oven, and open preparation kitchen; Bar equipped with approximately 40 tap lines
More about this property
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