148 Worcester St, West Boylston, MA 01583
This exceptional West Boylston, MA property, located at 148 Worcester Street, presents a unique investment opportunity. The 7,731 square foot building, constructed in 1895 and renovated in 2006, sits on a 0.92-acre lot and offers 5,250 square feet of net rentable space. Currently operating at 100% occupancy as a single-tenant medical/executive office building, the property features numerous private offices and meeting rooms spread across three floors. The building boasts 30 parking spaces, a significant advantage in this location. Its classic Victorian architecture adds character and charm. Currently zoned for General Residence, the property holds a business variance allowing for its current use and presents a multitude of potential future uses, including multifamily development, retail, professional offices, daycare, educational facilities, or religious purposes. The asking price is $895,000. This Class B building offers a blend of historical charm and modern functionality, making it an attractive investment for a variety of buyers. The property's versatility and ample parking make it a highly desirable asset in the competitive West Boylston market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty 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.