1 Brussels St, Worcester, MA 01610-2903
This exceptional 50,730-square-foot self-storage facility in Worcester, MA, presents a compelling investment opportunity. Built in 2023, this single-building property sits on 1.15 acres (APN 53418) at 1 Brussels St, 01610, and boasts 517 climate-controlled units, currently operating at 57% occupancy. The average unit size is 98 square feet. The facility benefits from its strategic location, adjacent to Interstate 290 (85,069 average daily traffic), and just 1.3 miles from downtown Worcester. This prime location is supported by a strong demographic profile: 243,444 people reside within a 5-mile radius, boasting an average household income of $96,095. The area also benefits from a substantial student population of approximately 35,000 from nearby colleges and universities. Construction features include asphalt drives, brick construction, an on-site office, and robust security measures. This multi-story facility offers a blend of modern amenities and a prime location, making it an attractive investment prospect. The property is a converted historical building.
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World Jewish Heritage Fund, Inc. Charitable Organization Social Service Agency
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Storage 365 Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MG-2 · Worcester, MAWorcester. Always verify with local authorities before improvements.
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.