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Mixed-Use Office and Retail Building
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554 Main St, Worcester, MA 01608

For-rent commercial spaces offering neighborhood-serving retail and commercial office use within a mixed-use hub setting.

Property Size35,000 SF
Days on Market1215

Property Features for 554 Main St

General Information

Standard status Active
Size 35,000 SF
Property subtype OFFICE
Listing Agency: The Menkiti Group
Listed By: Mike McElaney
Source: Moodyscre
Added: Apr 4, 2023 Changed: Jul 28 Last Checked: Jul 30 at 10:45AM

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 The Menkiti Group

Investment Insights

Based on property information with market context.

554 Main Street is a flagship commercial building associated with The Menkiti Group, offering opportunities for neighborhood-serving retail and commercial office space.

The property is located in the Worcester Theatre District, positioned as part of a mixed-use hub intended to support cultural activity for residents and visitors.

Available space within the building can accommodate both retail and office needs, providing a flexible option for users seeking co-located commercial activity in an established downtown entertainment district.

Key Highlights

  • For‑rent commercial spaces with neighborhood‑serving retail and commercial office use
  • Mixed‑use hub setting within the Worcester Theatre District
  • Flagship building for The Menkiti Group

Property Analytics

Current Use

Emengini Institute | For Comparative ... High School CPR of America Training Center MassHire Central Region ... Association / Organization MassHire Worcester Career ... Employment Agency The Menkiti Group Worcester Real Estate Agency

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,984
Businesses Nearby

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 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?
Office building - For-rent commercial spaces offering neighborhood-serving retail and commercial office use within a mixed-use hub setting.
Where is this office building located?
The property is located at 554 Main St Worcester, MA.
What are key features of this property?
This property features: For‑rent commercial spaces with neighborhood‑serving retail and commercial office use; Mixed‑use hub setting within the Worcester Theatre District; Flagship building for The Menkiti Group
(508) 713-9684 Call to check price and availability
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