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Office Suite with Private Office
New
For Lease
$2,400/Mo

554 Main Street #260, Worcester, MA 01608

Occupants can use shared kitchen, bathrooms, workstations, and sitting areas.

Space Size1,014 SF
Days on Market6

Property Features for 554 Main Street #260

General Information

Standard status Active
Size 1,014 SF
Net Rentable 1,014 SF
Zoning BG-6

Space & Availability

Available Space 1,014 SF
Contiguous Space 1,014 SF
Space Use Private Office
Private Offices 1

Taxes and HOA fees

Annual Taxes $100,260

Amenities

kitchen
multiple bathrooms
shared workstations
sitting areas
on-street parking
adjacent public parking garage

Building Details

Building Size 1,014 SF
Year Built 1876
Listing Agency: RE/MAX Partners
Listed By: James Kalogeropoulos · License #9072828
Source: Insightrealtygroup
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 4 at 6:12AM

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 RE/MAX Partners

Investment Insights

Based on property information with market context.

This 1,014-square-foot office suite has two open work areas, one without windows and another with natural light, plus a private office. Shared building amenities include a kitchen, multiple bathrooms, workstations, and sitting areas. The property was built in 1876 and is zoned BG-6. On-street parking is available, with a public parking garage next door.

Located at 554 Main Street in downtown Worcester, the suite is across from the Hanover Theatre. City Hall, the Worcester Courthouse, the public library, Worcester Common, restaurants, cafés, gyms, and local businesses are nearby. The office is offered for lease.

Key Highlights

  • 1,014 SF office suite with two open work areas and one private office
  • One open area has natural light; the other is windowless
  • Shared kitchen, multiple bathrooms, workstations, and sitting areas

Property Analytics

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Open 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 Veterinary Clinic Pet Store & Service (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
$4.26 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Worcester, MA

$20.03 /SF/Yr
Avg Asking Price
$9–$40 /SF/Yr
Price Range
5,522 SF
Avg Space Size

This space is priced 42% above the average of $20.03 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Occupants can use shared kitchen, bathrooms, workstations, and sitting areas.
Where is this office units located?
The property is located at 554 Main Street #260 Worcester, MA.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: 1,014 SF office suite with two open work areas and one private office; One open area has natural light; the other is windowless; Shared kitchen, multiple bathrooms, workstations, and sitting areas
More about this property
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