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Property profile

179 Shrewsbury St Worcester, MA 01604

FOR SALE
Office buildings
Property ID
US38-0139249
9,397 SF 0.37 ac lot Built 1925
Last sale Jun 2022 · $1,530,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of an assemblage of two parcels—179 Shrewsbury St and 3 Lyon Road in Worcester—located along Shrewsbury Street, a corridor characterized by retail, dining, and entertainment activity with access to regional transportation routes. The site is configured as a mixed-use platform, combining a stabilized, income-producing commercial component with residential development opportunities supported by existing entitlements. The offering is structured to allow acquisition either as…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$31k
Tax billed · 2024
Assessed value$1.02M
Assessed land$269k
Assessed improvement$750k
Effective rate3.00%

Value estimate

· Oct 2026
$1.26M
$1.13M – $1.38M
AI approach$1.24M
Submarket $/SF estimate$1.08M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$125/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$82 – $187
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BG-2
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy15.2
Garden Center13.9
Kitchen & Bath13.3

Location

179 Shrewsbury St Worcester, MA 01604
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
89 Shrewsbury, Worcester, MA 01604-4655 $7,250,000 Feb 2025 25,323 SF
338 Plantation, Worcester, MA 01604-1696 $2,050,000 Sep 2024 8,994 SF
172 Shrewsbury, Worcester, MA 01604-4636 $2,300,000 Oct 2023 21,381 SF
238 Shrewsbury, Worcester, MA 01604-4611 $325,000 Nov 2021 9,276 SF
1331 Grafton, Worcester, MA 01604-2703 $2,037,500 Jan 2021 13,300 SF
209 Shrewsbury, Worcester, MA 01604-4619 $295,000 Dec 2018 5,440 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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