Retail/Office Storefront
For Sale
Contact for pricing
536 Lincoln St, Worcester, MA 01605
Storefront retail/office space along Lincoln Street with prominent signage potential and visibility for passing traffic.
Property Size650 SF
Price / SF$2.15
Days on Market98
Property Features for 536 Lincoln St
General Information
Standard status
Active
Size
650 SF
Property subtype
Commercial
Building Details
Year Built
1955
Listing Agency:
Kelleher and Sadowsky Associates, Inc.
(508) 755-0707
Listed By:
Mark Johns · License #9513346
(508) 635-6792
Source:
Lockandkeyre
Added: Jul 15
Changed: Oct 19
Last Checked: Oct 19 at 10:31AM
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 Kelleher and Sadowsky Associates, Inc.
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Investment Insights
Based on property information with market context.
Approximately 600 square feet of retail/office space is available at 536 Lincoln Street. The suite is configured as a storefront with visibility to the street and opportunities for prominent signage.
The property is located along a major commercial corridor in Worcester, with convenient access to public transportation and major roadways, including easy access to Interstate 290. It is also near Lincoln Plaza and within dense residential neighborhoods.
For a business seeking a high-profile presence, this location offers practical accessibility and established surrounding retail activity, supporting both retail and professional services uses.
The property is located along a major commercial corridor in Worcester, with convenient access to public transportation and major roadways, including easy access to Interstate 290. It is also near Lincoln Plaza and within dense residential neighborhoods.
For a business seeking a high-profile presence, this location offers practical accessibility and established surrounding retail activity, supporting both retail and professional services uses.
Key Highlights
- Approximately 600 SF of retail/office space available for lease at 536 Lincoln Street, Worcester, MA
- Highly visible storefront location along a major commercial corridor with prominent signage potential
- Located near public transportation and major roadways for convenient customer access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,934
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,680
$178.7K
Cap Rate 7%
$127,629
$127.6K
Cap Rate 9%
$99,267
$99.3K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$13.7K $21.00/SF
− Vacancy
−$887 −$1.37/SF
EGI
$12.8K $19.64/SF
− OpEx
−$3.8K −$5.89/SF
NOI
$8.9K $13.74/SF
Area
Worcester, MA
Vacancy
6.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,680
Cap Rate 7%
$127,629
Cap Rate 9%
$99,267
Alternative Uses
Best Use
Office B
$154.2K
$134.9K – $179.9K
NOI $10,793 @ 7.0% cap · market cap 770.93%
Second Best
Retail
$127.6K
$111.7K – $148.9K
NOI $8,934 @ 7.0% cap · market cap 638.14%
Theoretical Best
Office A
$217.0K
$189.8K – $253.1K
NOI $15,187 @ 7.0% cap · market cap 1,084.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01605, MA
29,218
Population
12,757
Households
2.3
Avg Household Size
35
Median Age
32%
College-Educated
87%
High-School Grad
5.7 sq mi
ZIP Area
5,126
Density / Sq Mi
$54,805
Median Household Income
$41,236
Median Earnings
$1,362
Median Rent
$349,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail/office space along Lincoln Street with prominent signage potential and visibility for passing traffic.
Where is this storefront property located?
The property is located at 536 Lincoln St Worcester, MA.
What are key features of this property?
This property features: Approximately 600 SF of retail/office space available for lease at 536 Lincoln Street, Worcester, MA; Highly visible storefront location along a major commercial corridor with prominent signage potential; Located near public transportation and major roadways for convenient customer access
