570 Pleasant StWorcester, MA 01602

Property Details for 570 Pleasant St

Year built

1910

Lot size

0.62 AC

Property size (Sq ft)

11,896 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional Worcester, MA property presents a unique investment opportunity encompassing a substantial 11,896 square foot mixed-use building situated on a 0.62-acre lot. Built in 1910, the building currently houses a thriving wellness spa, hair salon, and nail salon, along with three residential rental units. The property offers significant versatility, with two floors of retail space and the residential units providing a strong blend of commercial and residential income streams. The building benefits from ample parking, with 50 surface spaces available. The property is zoned RL-7 | RG-5 in Worcester County and is currently owner-occupied. The existing tenant, a well-established wellness spa, has cultivated a strong reputation for providing high-quality services in a meticulously maintained environment. This presents a compelling opportunity for an investor seeking a stable, income-generating property with potential for future growth and development. The entire 11,896 square feet is currently vacant, offering a blank canvas for a new owner to customize and lease to their desired tenants. The substantial lot size provides additional development potential, subject to local zoning regulations. This property offers a rare combination of established commercial space, residential income, and significant upside potential in a desirable Worcester location. The ample parking further enhances the property's appeal to both tenants and customers. This is an ideal opportunity for an investor seeking a strong return on investment in a thriving market.

Location Insight

City

Worcester

County

Worcester

State

Massachusetts

Latitude

42.2648

Longitude

-71.8219

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