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    27-29 Canterbury St Worcester, MA 01610

    Sponsored
    For Sale
    $950,000

    6,204 SF Warehouse, Vacant, $950K

    Property size:
    6,204 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 6,204-square-foot industrial building in Worcester, MA, is available for $950,000. Built in 1950, the property sits on a 0.372-acre lot and is zoned MG-2. Currently vacant, the building features two 3,100-square-foot drive-in bays, each with 14' x 14' overhead doors and impressive 22' clear ceiling heights. Historically used as an autobody and machine shop, this versatile space is ideal for various automotive or industrial uses, including warehouse or distribution. The property boasts ample power (400 amp, 120/208-volt, 3-phase), natural gas, city water, and sewer. Its convenient location in Worcester offers easy access to major transportation routes throughout the greater Worcester area. This presents a unique opportunity to acquire a well-situated industrial property with significant potential. The building's layout and features make it suitable for a range of businesses seeking a functional and spacious workspace. The property's zoning and ample power supply further enhance its appeal to a variety of potential users. Don't miss this chance to own a prime piece of Worcester real estate.

    Property Features for 27-29 Canterbury St

    General Information

    Property type
    Distribution properties
    Square Feet
    6,204 SF
    Lot Size
    16,204 SF

    Building Details

    Year Built
    1950

    HighLights

    • $950,000 asking price for this 6,204 SF industrial building.
    • Vacant, 6,204 square foot building, previously used as an autobody and machine shop.
    • Features two 3,100 SF drive‑in bays, each with 14' x 14' overhead doors and 22' clear ceilings.
    • Suitable for automotive, industrial, warehouse, or distribution uses; located near major transportation routes in Worcester, MA.
    • Equipped with 400 amp, 120/208‑volt, 3‑phase power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.81238894
    Latitude
    42.25004963

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    FAQs

    What type of property is this?
    Distribution property - 6,204 SF Warehouse, Vacant, $950K
    Where is this distribution property located?
    The property is located at 27-29 Canterbury St Worcester, MA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: $950,000 asking price for this 6,204 SF industrial building.; Vacant, 6,204 square foot building, previously used as an autobody and machine shop.; Features two 3,100 SF drive-in bays, each with 14' x 14' overhead doors and 22' clear ceilings.
    Request Owner's contact information
    27-29 Canterbury St Worcester, MA 01610
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    Worcester, MA 01610
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27-29 Canterbury St Worcester, MA 01610
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