89 Green StWorcester, MA 01604

  • Land
  • 12,740 SF
For Lease
$35/SF/YR View listing

Property Details for 89 Green St

Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.08 AC
Property size (Sq ft)
12,740 SF
Zone code
MG-2
Property type
Land
Property subtype
Commercial land
APN
WORC M:05 B:004 L:00002
APU
WORCM05B004L00002

Description

This exceptional 2,000-square-foot retail space is located at 89 Green Street in Worcester, Massachusetts, within the highly anticipated Cove Development. Situated in the bustling Canal District, this property offers unparalleled visibility with 75 feet of impressive window frontage on a street known for its high pedestrian traffic. The space is part of a mixed-use development encompassing 173 market-rate apartments, a 16,000-square-foot Flatbread Pizza/Bowling Alley, and a rooftop bar, creating a dynamic and vibrant environment. The entire Cove Development totals 113,926 square feet and sits on a 1.01-acre lot, providing ample space and opportunity. The building features 99 total parking spaces for convenient customer access. This single-suite retail space is currently vacant and ready for immediate occupancy. The property is classified as Commercial, Special Purpose, and School, offering flexibility for a variety of uses. Anticipated completion and pre-leasing are slated for the second quarter of 2024. This location offers stunning views of Polar Park, further enhancing its appeal and attracting a diverse customer base. The property's prime location and the surrounding development's amenities make this an exceptional opportunity for a business seeking high visibility and a thriving community. The address is 89 Green Street, Worcester, MA 01604, in Worcester County.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,410,906
    Hospitality
    $2,208,377
    Educational
    $1,837,344
    Medical
    $1,900,533
    Retail
    $2,858,090
89 Green St, Worcester, Massachusetts
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Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.2578
Longitude
-71.7983
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,038
$201,000
-
$201,000
-
-
-
-

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