632 Park Ave Worcester, MA 01603
Retail storefront on a heavily traveled corridor at Park Avenue and Main Street with signage visibility and steady daily traffic.
- Added:
- Jul 9, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 11 at 3:51 am
Property Features for 632 Park Ave
General Information
- Standard status
- Active
- Size
- 5,479 SF
Listing office NAI Glickman Kovago & Jacobs (508) 753-9100
Listing date Jul 9, 2026
Source Moodyscre
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 NAI Glickman Kovago & Jacobs
Investment Insights
Based on property information with market context.
Park Avenue (Route 9) carries 19,561 ADT, while Main Street carries 16,567 ADT, supporting consistent daily activity at this intersection. Route 9 provides connectivity between Webster Square and downtown Worcester, with I-290, I-90, and Route 12 also within close reach.
The surrounding retail trade area is described as anchored by national and regional tenants, with Webster Square Plaza and Mill Street Plaza at the intersection. Clark University serves as an immediate area anchor, contributing to the student and institutional draw in the market.
Key Highlights
- Retail storefront on Park Avenue (Route 9) and Main Street at Webster Square in southwest Worcester
- Strong frontage and signage visibility on a dense, established retail corridor
- Heavy daily traffic: 19,561 ADT on Park Avenue (Route 9) and 16,567 ADT on Main Street
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.1k | $21.00 |
| − Vacancy | −$7.5k | −$1.37 |
| EGI | $107.6k | $19.64 |
| − OpEx | −$32.3k | −$5.89 |
| NOI | $75.3k | $13.74 |