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    54 Rockdale St Worcester, MA 01606

    Sponsored
    For Lease
    $6 SF/Yr

    91,156 SF Multi-Tenant Manufacturing/Warehouse

    Lot size:
    91,156 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Worcester, MA industrial property, located at 54 Rockdale Street, offers 91,156 square feet of versatile space within a multi-tenant building. Currently, 10,000 square feet is available for lease, ideal for warehouse, production, or light R&D operations. Built in 1920, the building boasts a 14-foot ceiling height, providing ample vertical space for storage and operations. The property is zoned MG 0.5 and situated in Worcester County, offering convenient access to the Higgins Industrial Park. The entire building comprises a single suite, providing a cohesive and efficient layout. This property presents a unique opportunity for businesses seeking a well-established location within a thriving industrial area. The available space provides immediate occupancy potential for a variety of industrial uses. The property's location within Worcester County, MA, and its proximity to the Higgins Industrial Park, ensures excellent accessibility and connectivity for transportation and logistics. The 10,000 square foot space offers a significant opportunity for expansion or consolidation within a larger, established industrial complex. The property's zoning designation (MG 0.5) should be verified with the relevant authorities to ensure compliance with intended use. This is a rare opportunity to secure industrial space in a prime Worcester location.

    Property Features for 54 Rockdale St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    91,156 SF
    Total Rate
    45578

    Building Details

    Year Built
    1920

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,000 SF
    Rate per SF
    $6

    HighLights

    • 10,000 SF warehouse/production space
    • 12' drive‑in door
    • 14' clear ceiling height
    • Shared loading dock with leveler
    • On‑site shop office
    • Convenient access to I‑190 & I‑290
    Property Profile Location Intelligence

    Current Use by Public Records

    Nine Points Woodworking Woodworker Northeast Office Solutions Office Furniture Store Baystate Bakery Bakery Vellumoid Inc Gasket Manufacturer

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -71.797926
    Latitude
    42.3142986

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    FAQs

    What type of property is this?
    Distribution property - 91,156 SF Multi-Tenant Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 54 Rockdale St Worcester, MA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF warehouse/production space; 12' drive-in door; 14' clear ceiling height
    Request Owner's contact information
    54 Rockdale St Worcester, MA 01606
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    Worcester, MA 01606
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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
    54 Rockdale St Worcester, MA 01606
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