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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

29 James St Worcester, MA 01603

Property ID
Property summary
AI-generated overview

This exceptional commercial property located at 29-49 James Street in Worcester, Massachusetts, offers a versatile retail space totaling approximately 5,700 square feet. The property is zoned MG 1, allowing for a wide range of uses including retail, banking, food service establishments, office space, and educational facilities. The flexible layout accommodates spaces ranging from approximately 3,000 to 5,700 square feet, providing options for businesses of various sizes. Key features include the availability of a drive-thru, prominent pylon signage opportunities, and ample on-site parking for customers and employees. The property benefits from its strategic location adjacent to a newly constructed self-storage building, enhancing visibility and accessibility. Security is provided by an ADT system, offering peace of mind. The property's location in Worcester County, Massachusetts, zip code 01603, provides convenient access to major transportation routes and a thriving local market. This is a rare opportunity to secure a well-positioned commercial property with significant potential for growth and success. The property's flexible zoning and desirable amenities make it an ideal location for a variety of businesses seeking a high-traffic, easily accessible location in Worcester. The approximate ADT count of 17,790 further underscores the property's strong potential.

Property profile
Verified
Property type Retail properties & Spaces
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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