29 James St Worcester, MA 01603
This exceptional 10,000 square foot commercial lot in Worcester, MA, presents a rare build-to-suit or ground lease opportunity. Located at 29 James St, 01603, this Class A property boasts a 2.24-acre size and is zoned MG1, offering considerable flexibility for various commercial uses. Potential tenants can construct a building up to approximately 5,700 square feet without a drive-thru or approximately 3,000 square feet with a drive-thru. The site benefits from its adjacency to a recently constructed (2021) Lucky Pick Self Storage facility, ensuring high visibility and convenient access. Permitted uses under the MG1 zoning include retail, banking, food services, office space, and educational facilities, among others. This prime location in Worcester County offers excellent potential for businesses seeking a high-traffic area with diverse development possibilities. The property's size and zoning regulations provide a unique opportunity for a tailored development project to meet specific business needs. Don't miss this chance to establish a presence in a thriving Worcester commercial district.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.