37-39 Highland St Worcester, MA 01609
This exceptional ±4,940 square foot executive office building in Worcester, Massachusetts, presents a unique investment opportunity. Situated on a ±5,771 square foot lot at 37-39 Highland Street (Route 9), this property offers convenient access to major highways including I-290, Route 146, and I-90 (Mass Pike), as well as proximity to downtown Worcester. Originally a residence, the building has been thoughtfully converted into office space, boasting approximately nine on-site parking spaces, with additional city-owned parking directly across the street. The building features a slate roof, natural gas/forced hot air HVAC, and is zoned BO 1.0, making it suitable for a variety of professional office uses, such as accounting firms, law offices, or insurance agencies. The 72-foot frontage on Highland Street provides excellent visibility and accessibility. Built in 1900, this property offers a blend of historical charm and modern functionality, representing a compelling investment opportunity in a thriving Worcester location. The asking price is $536,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.