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    225 Shrewsbury St Worcester, MA 01604

    Sponsored
    For Lease
    Contact for pricing

    Worcester, MA: prime retail/restaurant space.

    Lot size:
    24,768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 225 Shrewsbury Street in Worcester, Massachusetts, offers three available retail or restaurant spaces within the Shrewsbury Street Marketplace. The building totals 24,768 square feet, with a minimum divisible space of 5,020 square feet and a maximum contiguous space of 5,100 square feet. Currently, 15,160 square feet are vacant, presenting a significant opportunity for businesses seeking a prominent location in Worcester County. The property boasts excellent visibility on Restaurant Row and enjoys convenient access to major roadways including I-290, I-190, Route 9, and Route 146, ensuring high traffic and customer accessibility. The modern building design and ample parking create a welcoming atmosphere for both businesses and their clientele. This is an ideal location for businesses seeking a vibrant and easily accessible space in a thriving commercial area. The property is situated in Worcester, MA, zip code 01604. Future building expansion is planned.

    Property Features for 225 Shrewsbury St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,768 SF

    Unit(s) available at that property

    Space
    Inline Space 2
    Size
    5,020 SF
    Space
    Inline Space 3
    Size
    5,040 SF
    Space
    Inline Space 1
    Size
    5,100 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mexicali Cantina Grill Mexican Restaurant Gentle Dental Worcester Dentist Filete Robert E ... Dentist Giraldo Jhon O ... Dentist Dr. Aiymani S. ... Dentist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7832846
    Latitude
    42.266588

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    FAQs

    What type of property is this?
    Restaurant - Worcester, MA: prime retail/restaurant space.
    Where is this restaurant located?
    The property is located at 225 Shrewsbury St Worcester, MA.
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    225 Shrewsbury St Worcester, MA 01604
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    Worcester, MA 01604
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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
    225 Shrewsbury St Worcester, MA 01604
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