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Freestanding Subdividable Retail Building
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For Lease
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994 Grafton Street, Worcester, MA 01604

Existing retail space offers a freestanding configuration with flexibility for subdivision and commercial occupancy.

Space Size2,000 SF - 4,511 SF
Lot Size0.70 Acres
Days on Market7

Property Features for 994 Grafton Street

General Information

Standard status Active
Size 2,000 SF - 4,511 SF
Lot size 0.70 Acres
Property subtype Retail, Office, Restaurant

Additional Details

Space Use Retail

Spaces For Lease

at 994 Grafton Street Contact us

Space 1

Size
4,511 SF
Availability
Active
Contact us

Space 2

Size
2,000 SF
Availability
Active
Contact us
Listing Agency: Fayyad Realty Advisors
Listed By: Tariq Fayyad · License #9577024
Source: Crexi
Added: Aug 30 Changed: Sep 4 Last Checked: Sep 4 at 3:18PM

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 Fayyad Realty Advisors

Investment Insights

Based on property information with market context.

This freestanding retail building occupies approximately 0.7 acres and is identified as subdividable, providing flexibility in how the space may be configured. The property is suited to retail users seeking an established building rather than a vacant parcel.

Located at 994 Grafton Street in Worcester, Massachusetts, the site offers access to local road networks. Its existing improvements and adaptable configuration support consideration by retailers evaluating space for occupancy, subdivision, redevelopment, or a ground lease arrangement.

Key Highlights

  • Freestanding retail building on approximately 0.7 acres
  • Subdividable configuration
  • Located at 994 Grafton Street, Worcester, MA 01604

Property Analytics

Current Use

Gibson's Natural Pet (Bike/Boat/Book/etc) Store Amazon Counter - Gibson’s ... Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Big Box & Wholesale Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby
196k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 37% Groceries 16% Apparel 4%
Stop & Shop Groceries
31,919 visits/mo 0.2 miles
McDonald's Dining
27,558 visits/mo 0.1 miles
Ollie's Bargain Outlet Shops & Services
14,804 visits/mo 0.3 miles
Dollar Tree Shops & Services
14,448 visits/mo 0.2 miles
Dunkin' Donuts Dining
12,696 visits/mo 0.1 miles

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

$26.62 /SF/Yr
Avg Asking Price
$14.86–$37.5 /SF/Yr
Price Range
3,110 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Existing retail space offers a freestanding configuration with flexibility for subdivision and commercial occupancy.
Where is this storefront property located?
The property is located at 994 Grafton Street Worcester, MA.
What are key features of this property?
This property features: Freestanding retail building on approximately 0.7 acres; Subdividable configuration; Located at 994 Grafton Street, Worcester, MA 01604
(617) 500-1000 Call to check price and availability
More about this property
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