Technical
Financial
Distress signals
Property profile

118 Cambridge St Worcester, MA 01603

OFF-MARKET
Super regional malls
Property ID
US38-0609493
10,825 SF 0.86 ac lot Built 1986
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property located at 118 Cambridge Street in Worcester, Massachusetts, offers a fantastic opportunity for businesses seeking flexible and adaptable space. Situated in Worcester County, this property boasts a total of 2,961 square feet, currently entirely vacant and ready for immediate occupancy. The space is divisible, with a minimum leasable area of 1,353 square feet and a maximum contiguous space of 1,608 square feet, providing options to suit various business needs and sizes. This makes it ideal for a single large tenant or multiple smaller businesses seeking a collaborative environment. The property is classified as commercial retail and offers multiple tenancy options. The address is 118 Cambridge Street, Worcester, MA 01603. Its convenient location within Worcester County provides excellent access to local amenities, transportation routes, and a strong customer base. This is a rare opportunity to secure a well-positioned retail space in a thriving Worcester market. The property is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. Interested parties are encouraged to inquire further to explore the possibilities this versatile space offers.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1986
Construction FRAME
Total area 10,825 SF
Lot 0.86 ac (37,388 SF)
Zoning code ML20
APN WORC M:08 B:034 L:00005
UPID US38-0609493

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Bakery Specialty Food Shop
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Roofing Company General Contractor

Location

118 Cambridge St Worcester, MA 01603-2370
Worcester metro Census 731204 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2017
3 recorded transactions
2023
Price N/A
2017
$675,000
1998
$550,000

Zoning & alternative use

ML20 · Worcester, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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