48 Millbury St Worcester, MA 01610
- Retail properties
- 6,955 SF
Current Use by Public Records
- Retail properties
Property Details for 48 Millbury St
- Year built
- 1900
- Property size
- 6,955 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This single-tenant, 6,955 square foot commercial property at 48 Millbury Street in Worcester, MA, 01610 presents a compelling opportunity. The building, constructed in 1900 and renovated in 2022, is classified as Class D and features a traditional office layout across one story. Currently, 1,750 square feet are vacant, offering significant potential for a variety of businesses. The property includes an ADA-compliant bathroom. Public parking is conveniently located within 200 feet, with ample street parking also available. The building's location is highly advantageous, situated near Polar Park and surrounded by new residential developments, ensuring high foot traffic and a thriving community. This vibrant area offers excellent visibility and accessibility for any business. The available space is ideal for retail, office, or service-based ventures. A three-year lease is available, requiring first, last, and security deposits. The property's proximity to new housing and Polar Park makes it an exceptional investment in a rapidly growing neighborhood. This 1,750 square foot space offers a chance to establish a business in a prime Worcester location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7984
- Latitude
- 42.2538
