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Fourth-Floor Office Space
New
For Lease
$18 SF/Yr

554 Main Street #4, Worcester, MA 01608

The landlord is open to tenant improvements, and the premises may be divided for tenants seeking a smaller footprint.

Space Size8,000 SF
Days on Market4

Property Features for 554 Main Street #4

General Information

Standard status Active
Size 8,000 SF
Zoning BG-6

Property Condition

Severity Repairs Needed
Evidence requires updating and remodeling

Space & Availability

Contiguous Space 8,000 SF
Divisible Yes
Floor 4
Space Use Office
Condition Second Generation
Private Offices 5

Taxes and HOA fees

Annual Taxes $97,508

Amenities

private bathrooms
common-area bathrooms
municipal parking garage

Building Details

Building Size 8,000 SF
Year Built 1876
Listing Agency: RE/MAX Partners
Listed By: James Kalogeropoulos · License #9072828
Source: Insightrealtygroup
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 2 at 4:58PM

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 fourth-floor office suite at 554 Main Street encompasses approximately 8,000 SF. Its existing layout includes five private offices, three shared work areas, two private bathrooms, and access to two more bathrooms in common areas. The space needs updating and remodeling; the landlord is open to tenant improvements and possible build-out arrangements. The full premises can be leased together or divided.

Built in 1876, the property is zoned BG-6. On-street parking is available, and a municipal parking garage sits directly adjacent to the building.

Key Highlights

  • Approximately 8,000 SF on the fourth floor
  • Five private offices and three shared work areas
  • Two private bathrooms, plus access to two common‑area bathrooms

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 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
$2.70 /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

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 10% below 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 - The landlord is open to tenant improvements, and the premises may be divided for tenants seeking a smaller footprint.
Where is this office units located?
The property is located at 554 Main Street #4 Worcester, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Approximately 8,000 SF on the fourth floor; Five private offices and three shared work areas; Two private bathrooms, plus access to two common‑area bathrooms
More about this property
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