Corner Retail
For Lease
$25 SF/Yr
56 Franklin Street, Worcester, MA 01608
Street-level space offers wraparound windows, strong daylight, and basement storage for customer-facing operations.
Space SizeContact for details
Property Size2,500 SF
Days on Market9
Property Features for 56 Franklin Street
General Information
Standard status
Active
Size
2,500 SF
Space & Availability
Floor
Ground
Space Use
Retail
Additional Details
Corner Location
Yes
Amenities
wraparound windows
built-in counter
cooler
basement storage
Worcester Common view
Building Details
Year Built
1820
Listing Agency:
Real Broker MA,LLC
Listed By:
Christopher Perchard
(978) 808-8064
Source:
Merryfoxrealty
Added: Aug 12
Changed: Aug 19
Last Checked: Aug 19 at 10:23AM
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 Real Broker MA,LLC
Investment Insights
Based on property information with market context.
This street-level corner retail space provides 2,500 SF with wraparound windows, abundant natural light, and direct street exposure. The layout can accommodate retail, specialty market, grab-and-go food, service, wellness, and other customer-facing uses. Existing improvements include a built-in counter and a rear area with a cooler, along with approximately 600 SF of basement storage or back-of-house space.
The property is located at 56 Franklin Street in Downtown Worcester, overlooking Worcester Common and near Main Street, Union Station, DCU Center, and Polar Park. The surrounding area includes residential, office, restaurant, entertainment, and civic uses. There is no commercial hood in place, and coffee shop use is not permitted. The building dates to 1820.
The property is located at 56 Franklin Street in Downtown Worcester, overlooking Worcester Common and near Main Street, Union Station, DCU Center, and Polar Park. The surrounding area includes residential, office, restaurant, entertainment, and civic uses. There is no commercial hood in place, and coffee shop use is not permitted. The building dates to 1820.
Key Highlights
- 2,500 SF street‑level corner retail space
- Approximately 600 SF of basement storage or back‑of‑house area
- Wraparound windows with natural light and street exposure
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,984
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 25%
Groceries 20%
Hotels & Casinos 19%
Burger King
Dining
19,049 visits/mo
0.5 miles
Gala Foods Supermarket
Groceries
15,286 visits/mo
0.3 miles
Hilton Garden Inn Worcester
Hotels & Casinos
11,920 visits/mo
0.4 miles
Speedway
Shops & Services
9,299 visits/mo
0.5 miles
Shell
Shops & Services
8,050 visits/mo
0.2 miles
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
$30.88 /SF/Yr
Avg Asking Price
$18–$43.2 /SF/Yr
Price Range
3,052 SF
Avg Space Size
This space is priced 19% below the average of $30.88 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Street-level space offers wraparound windows, strong daylight, and basement storage for customer-facing operations.
Where is this storefront property located?
The property is located at 56 Franklin Street Worcester, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 2,500 SF street‑level corner retail space; Approximately 600 SF of basement storage or back‑of‑house area; Wraparound windows with natural light and street exposure
