Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    169 Shrewsbury St Worcester, MA 01604-4610

    • Retail space
    • 2,610 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $1,385,000
    Last Sale
    Mar 08, 2024
    $1,400,000
    Location Intelligence
    Property ID
    US38-1757744
    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 169 Shrewsbury St

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    2,610 SF
    Zone code
    BG-2
    Property type
    Retail space
    APN
    WORC M:16 B:034 L:01-1A
    APU
    WORCM16B034L011A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,325,000
      6.5%
      $1,300,000
      7%
      $1,375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,360,000
      Geo Method
      $1,340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,295,000
      Retail
      $1,305,000
      Mixed-Use
      $1,440,000
      Hospitality
      $1,300,000
      Educational
      $1,250,000
      Residential Income
      $1,530,000
      Energy
      $1,150,000
      Income-Based Land
      $1,555,000
      Food Service
      $1,220,000

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7864
    Latitude
    42.2651
    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
    $10,721
    $185,900
    $171,000
    $356,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $320,000
      1,086 SF

      333 Plantation St

      RETAIL STORES (PERSONAL SERVICES) • 1,086 SF
      333 Plantation St, Worcester, MA 01604-1786
      View Details
    • Value Estimation
      $345,000
      3,152 SF

      54 Grn St

      RETAIL STORES (PERSONAL SERVICES) • 3,152 SF
      54 Grn St, Worcester, MA 01604-4132
      View Details
    • Value Estimation
      $350,000
      3,091 SF

      24 Lk Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,091 SF
      24 Lk Ave, Worcester, MA 01604-5823
      View Details
    • Value Estimation
      $290,000
      2,196 SF

      12 Lk Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,196 SF
      12 Lk Ave, Worcester, MA 01604-5823
      View Details
    • Value Estimation
      $435,000
      3,663 SF

      746 Grafton St

      RETAIL STORES (PERSONAL SERVICES) • 3,663 SF
      746 Grafton St, Worcester, MA 01604
      View Details
    • Value Estimation
      $530,000
      6,955 SF

      1015 Grafton St

      RETAIL STORES (PERSONAL SERVICES) • 6,955 SF
      1015 Grafton St, Worcester, MA 01604-2033
      View Details

    Similar Nearby for Sale

    • $1,250,000
      2,560 SF

      Retail Space with Dedicated Parking

      Retail property featuring an open floor plan and dedicated parking.
      181 Shrewsbury St, Worcester, MA 01604
      View Details
    • $2,490,000

      Mixed-Use Investment Opportunity

      Three-unit mixed-use property in a high-visibility location.
      162 Harding St, Worcester, MA 01604
      View Details
    • $1,250,000

      Four-Unit Mixed-Use Property

      Well-maintained mixed-use property with retail space and apartments.
      340 Hamilton St, Worcester, MA 01604
      View Details
    • $2,250,000

      Four-Unit Commercial Property Near Canal

      Four-unit commercial property near Canal District and Polar Park.
      20 Harrison St, Worcester, MA 01604
      View Details
    • $900,000

      Visible Office/Retail/Flex Property

      Highly visible property with flexible zoning and strong traffic counts.
      636 1St St, Worcester, MA 01604
      View Details
    • $1,600,000

      Shrewsbury Street Multifamily Development Opportunity

      Permitted 24-unit multifamily with commercial space in prime location.
      393-397 Shrewsbury St, Worcester, MA 01604
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      871 SF

      Worcester Public Market Retail Space

      Retail space with full kitchen and bar in Worcester Market.
      152 Green St, Worcester, MA 01604
      View Details
    • $1,500 /Mo
      418 SF

      Retail Unit on Franklin Street

      Versatile retail space in high-traffic Worcester location, ready for customization.
      590 Franklin St, Worcester, MA 01604
      View Details
    • $3,000 /Mo

      Prime Retail/Office Space Available

      1,700 sq ft commercial space ideal for retail/office/food business.
      488 Grafton St, Worcester, MA 01604
      View Details
    • $18 SF/Yr
      12,197 SF

      Worcester Commercial Space For Lease

      First floor suite with ample parking and great visibility.
      352 Belmont St, Worcester, MA 01604
      View Details
    • $18 SF/Yr
      3,348 SF

      Worcester Eastside Commercial Space Available

      Two-story commercial space for lease in Worcester's eastside.
      130 Hamilton St, Worcester, MA 01604
      View Details
    • Contact for pricing
      4,000 SF

      Retail/Office Space For Rent

      Retail and office spaces available in Worcester, Massachusetts.
      490 Shrewsbury St, Worcester, MA 01604
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    169 Shrewsbury St
    Worcester, MA 01604-4610
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.