Property profile

27-29 Canterbury St Worcester, MA 01610

OFF-MARKET
Warehouses
6,204 SF 0.37 ac lot Built 1950
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Property summary

AI-generated overview

This 6,204-square-foot industrial building in Worcester, MA, is available for $950,000. Built in 1950, the property sits on a 0.372-acre lot and is zoned MG-2. Currently vacant, the building features two 3,100-square-foot drive-in bays, each with 14' x 14' overhead doors and impressive 22' clear ceiling heights. Historically used as an autobody and machine shop, this versatile space is ideal for various automotive or industrial uses, including warehouse or distribution. The property boasts ample power (400 amp, 120/208-volt, 3-phase), natural gas, city water, and sewer. Its convenient location in Worcester offers easy access to major transportation routes throughout the greater Worcester area. This presents a unique opportunity to acquire a well-situated industrial property with significant potential. The building's layout and features make it suitable for a range of businesses seeking a functional and spacious workspace. The property's zoning and ample power supply further enhance its appeal to a variety of potential users. Don't miss this chance to own a prime piece of Worcester real estate.

Property profile

Verified
Property type Warehouses
Year built 1950
Total area 6,204 SF
Lot 0.37 ac (16,204 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

27-29 Canterbury St Worcester, MA 01610
Worcester metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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