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Property profile & analytics

1149 Grafton St Worcester, MA 01604-2615

  • Retail space
  • 1,060 SF
  • 0.17 lot acres
OFF-MARKET
Value Estimation
$270,000
Last Sale
Jun 01, 2021
$240,000
Location Intelligence
Property ID
US38-2491762
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 1149 Grafton St

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 lot acres
Property size
1,060 SF
Zone code
BL-1
Property type
Retail space
APN
WORC M:41 B:018 L:09+10
APU
WORCM41B018L0910

Description

This 1,100 square foot Class C executive office building, located at 1149 Grafton Street in Worcester, Massachusetts, is available for sale at $395,000. Built in 1900, the property is currently vacant and offers a flexible lease structure (NNN). The building is a standalone structure with a variety of potential uses, including retail, physical therapy, massage therapy, yoga, or general office space. A significant advantage is the inclusion of a roughly 5,000 square foot parking lot, providing ample parking for employees and clients. Its convenient location offers easy access to major roadways such as Route 20 and I-290, as well as the Worcester city center. The property's zoning allows for diverse commercial uses, making it an attractive investment opportunity for a range of businesses. The building's age presents a chance for renovation and customization to suit a buyer's specific needs. This is a rare opportunity to acquire a freestanding commercial property in a desirable Worcester location with ample parking. The property is zoned for a variety of commercial uses, providing flexibility for potential buyers. The asking price reflects the property's potential and prime location within the Worcester market.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $295,000
  • CAP approach

    CAP return
    Estimation
    6%
    $290,000
    6.5%
    $280,000
    7%
    $295,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $230,000
    Geo Method
    $265,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $300,000
    Retail
    $280,000
    Mixed-Use
    $295,000
    Hospitality
    $305,000
    Educational
    $240,000
    Residential Income
    $280,000
    Energy
    $265,000
    Income-Based Land
    $310,000
    Food Service
    $230,000

Location Insight

  • Map
  • Local Demand
City
Worcester
County
Worcester
State
Massachusetts
Longitude
-71.7532
Latitude
42.2407
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
$6,020
$78,800
$121,600
$200,400
-
$0.00
$0.00
$0.00
More about this property
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