High-Quality Office Space
For Lease
Contact for pricing
306 Belmont St, Worcester, MA 01604
25,533 SF office space for sublease in Worcester, MA.
Space Size7,250 SF - 33,000 SF
Property Size78,916 SF
Days on Market689
Property Features for 306 Belmont St
General Information
Standard status
Active
Size
7,250 SF - 33,000 SF
Class
A
Total Parking Spaces
260
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
78,916 SF
Year Built
1940
Tenancy
Multiple
Spaces For Lease
at 306 Belmont St Contact us- Size
- 13,537 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite C
- Size
- 11,996 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite D
- Size
- 7,250 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite F
- Size
- 33,000 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suites C, D, and F Combined
Listing Agency:
Kelleher & Sadowsky Associates Inc
(508) 635-6790
Listed By:
Tom Bodden · License #9566018
Source:
Crexi
Added: Oct 14, 2024
Changed: Aug 21
Last Checked: Sep 1 at 10:44AM
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 Kelleher & Sadowsky Associates Inc
Investment Insights
Based on property information with market context.
Available immediately for sublease is 25,533 square feet of high-quality office space at 306 Belmont Street in Worcester, MA. Formerly occupied by UMass Memorial Health, the space is in excellent condition and features a versatile layout. The layout includes a mix of private offices, open work areas, training and conference rooms, and access to building amenities. Select furnishings may be available as part of the sublease. The property is ideally situated on Route 9 with quick access to I-290, offering exceptional connectivity to the region’s colleges, hospitals, and surrounding communities. The property is located directly across from UMass Memorial’s University Campus, AbbVie’s bio-research facility, and The Reactory, Worcester’s rapidly developing biotech park. This location offers proximity to renowned medical facilities such as UMass Memorial Medical Center and the UMass Medicine Science Park. Worcester showcases a dynamic blend of cultural attractions, including the Worcester Art Museum and the Hanover Theatre for the Performing Arts. An array of culinary experiences awaits at notable dining establishments in the vicinity, while lush green spaces like Institute Park provide a serene retreat. With easy access to major highways and public transportation, the area seamlessly integrates convenience with a lively urban atmosphere. This property presents an opportunity to establish a presence in the heart of Worcester’s thriving life sciences and bio-tech corridor.
Key Highlights
- High‑quality, move‑in ready office space (25,533 sq ft) in excellent condition.
- Prime location on Route 9 with quick access to I‑290, offering exceptional connectivity.
- Situated in Worcester's thriving life sciences and biotech corridor, across from UMass Memorial's University Campus, AbbVie, and The Reactory.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,202
Businesses Nearby
Explore this area
Business Placement
Demographics for 01604, MA
41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value
Market
Lease Benchmarks for Worcester, MA
$20.83 /SF/Yr
Avg Asking Price
$7.75–$42.49 /SF/Yr
Price Range
6,040 SF
Avg Space Size
This space is priced 16% below the average of $20.83 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - 25,533 SF office space for sublease in Worcester, MA.
Where is this office units located?
The property is located at 306 Belmont St Worcester, MA.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: High‑quality, move‑in ready office space (25,533 sq ft) in excellent condition.; Prime location on Route 9 with quick access to I‑290, offering exceptional connectivity.; Situated in Worcester's thriving life sciences and biotech corridor, across from UMass Memorial's University Campus, AbbVie, and The Reactory.
