Property profile

With Repair Shop Gas Sta Worcester, MA 01602

OFF-MARKET
Retail properties & Spaces
1,633 SF Built 1975
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Property summary

AI-generated overview

This profitable, unbranded gas station and repair shop in Worcester, MA, is available for $1,000,000. The 1,633 square foot building, constructed in 1975, sits on a 10,764 square foot lot zoned BL-1. The property features four gas pumps and three service bays, offering significant operational capacity. Its prime location at the signalized intersection of Mill and Chandler Streets ensures high visibility and accessibility. The area boasts strong traffic counts due to its placement on a heavily traveled road. This strategic location is surrounded by established national retailers and local businesses, creating a thriving commercial environment. The property's excellent demographics further enhance its investment appeal. This presents a unique opportunity for either continued operation as a gas station with repair services or redevelopment into another commercial venture. The property's size and location make it an attractive investment for those seeking a high-traffic, established business or a prime redevelopment site in a desirable Worcester location. The zip code is 01602.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1975
Total area 1,633 SF

Cap rate & NOI

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

Location

With Repair Shop Gas Sta Worcester, MA 01602
Worcester metro
Google Maps

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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