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Professional Office Units
For Lease
$15 SF/Yr

997 Millbury Street, Worcester, MA 01607

Office accommodation is available within a historic 1900 commercial building.

Space Size4,000 SF
Days on Market69

Property Features for 997 Millbury Street

General Information

Standard status Active
Size 4,000 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 4,000 SF
Year Built 1900

Spaces For Lease

at 997 Millbury Street Contact us

Unit 3 $15/SF/Yr

Size
4,000 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Brian Johnson
Source: Kelleher-sadowsky
Added: Jun 23 Changed: Aug 29 Last Checked: Aug 30 at 2:33PM

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 Brian Johnson

Investment Insights

Based on property information with market context.

Approximately 4,000 square feet of professional office space is available at 997 Millbury Street. The property is located in Worcester, Massachusetts, and occupies a building constructed in 1900.

Key Highlights

  • Approximately 4,000 square feet of professional office space
  • 997 Millbury Street address in Worcester, Massachusetts
  • Building constructed in 1900

Property Analytics

Current Use

Eagle Cleaning Corporation Commercial Cleaning Service Environmental Compliance Services, ... Environmental Consultant Jo Ann Warren ... Training Center GIA Home Care ... Home Health Care Service

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Spa & Massage Center 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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

Demographics for 01607, MA

9,378
Population
4,172
Households
2.2
Avg Household Size
36
Median Age
29%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
3,126
Density / Sq Mi
$66,365
Median Household Income
$46,300
Median Earnings
$1,356
Median Rent
$341,300
Median Home Value

Market

Lease Benchmarks for Worcester, MA

$24.92 /SF/Yr
Avg Asking Price
$1.2–$42.49 /SF/Yr
Price Range
5,845 SF
Avg Space Size

This space is priced 40% below the average of $24.92 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office accommodation is available within a historic 1900 commercial building.
Where is this office units located?
The property is located at 997 Millbury Street Worcester, MA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 4,000 square feet of professional office space; 997 Millbury Street address in Worcester, Massachusetts; Building constructed in 1900
More about this property
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