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Property profile & analytics
OFF-MARKET
Commercial real estate

27 Mechanic St Worcester, MA 01608

Built 1900
Property ID
Property summary
AI-generated overview

This exceptional 1,717 square foot professional office condo is ideally situated at 27 Mechanic Street, in the heart of downtown Worcester, Massachusetts. The property encompasses units 103 and 105, offering a turnkey solution for businesses seeking a vibrant and accessible location. The suite boasts abundant natural light, creating a bright and welcoming atmosphere. Its functional layout includes two distinct private work areas, perfect for individual focus or team collaboration. A spacious conference/training room provides ample space for meetings, presentations, or client interactions. A convenient kitchenette is also included, adding to the overall functionality and convenience of the space. The property is fully furnished, eliminating the need for extensive upfront investment in office equipment and furnishings. Its central location near the courthouse makes it particularly attractive to legal professionals, accountants, and consultants. Worcester's downtown is undergoing significant revitalization, with numerous mixed-use projects and modern office buildings contributing to a dynamic and growing urban environment. This presents a unique opportunity to establish a presence in one of New England's most exciting and rapidly developing urban centers. The property is offered at $260,000.

Property profile
Verified
Property type Commercial real estate
Year built 1900
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Miller Wachman LLP: Raymond T Lariviere CPA Accounting Firm Tax Preparation
  • Ma Community College Council Advocacy Group
  • Feldman Land Surveyors Surveyor
  • Dr. Denis J. Fritzgerald, MD Ophthalmologist
  • Paul Heroux Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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