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

554 Main Street #5, Worcester, MA 01608

The floor can accommodate one occupant or be arranged into smaller suites and private rooms.

Space SizeContact for details
Property Size10,000 SF
Days on Market6

Property Features for 554 Main Street #5

General Information

Standard status Active
Size 10,000 SF
Elevators Yes
Zoning BG-6

Space & Availability

Divisible Yes
Floor 5
Space Use Office

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $97,508

Amenities

multi-stall restrooms
stairwells
parking garage

Building Details

Building Size 10,000 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 5 at 3:02PM

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.

The fifth level at 554 Main Street offers 10,000 square feet of office area, available as a single premises or in divisible sections. Its existing layout combines larger suites with enclosed private rooms, and perimeter windows provide natural light. Elevator service, multi-stall restrooms, and multiple stairwells serve the floor. The building dates to 1876, and the property is zoned BG-6.

Located in downtown Worcester, the address is near restaurants, City Hall, the courthouse, and Hanover Theatre. I-290 and the Mass Pike are accessible from the property, and parking is available in the adjacent garage.

Key Highlights

  • 10,000‑square‑foot office floor on the fifth level at 554 Main Street
  • Available as a single premises or in divisible sections
  • Existing mix of larger suites and private rooms, with windows along the perimeter

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

Yes
Highway access
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - The floor can accommodate one occupant or be arranged into smaller suites and private rooms.
Where is this office units located?
The property is located at 554 Main Street #5 Worcester, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 10,000‑square‑foot office floor on the fifth level at 554 Main Street; Available as a single premises or in divisible sections; Existing mix of larger suites and private rooms, with windows along the perimeter
More about this property
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