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Property profile & analytics
OFF-MARKET
Auto shops

18 Canterbury St Worcester, MA 01610-1704

4,207 SF 0.34 ac lot Built 1987
Individually Owned ~ Est. High Equity
Property ID
US38-0415138
Property summary
AI-generated overview

This 4,207 square foot vacant commercial property, located at 18 Canterbury Street in Worcester, Massachusetts, presents a unique investment opportunity. Built in 1987, this retail and industrial space is zoned MG-2 and sits on a 0.339-acre lot. Currently configured as an auto body shop, it's ideally suited for vehicle-related businesses. The building boasts two loading docks and two dock-high doors, facilitating efficient operations. Inside, you'll find 16-foot clear ceilings, providing ample vertical space. The property also features four drive-in doors, a 200-amp, 240-volt, 3-phase electrical system, natural gas, city water and sewer, and in-office HVAC. Its prime Worcester location offers high visibility within a densely populated area, ensuring excellent exposure to potential customers. Furthermore, its proximity to major transportation routes provides easy access throughout Greater Worcester, enhancing its logistical advantages. The asking price for this well-equipped and strategically located property is $850,000. This is a rare opportunity to acquire a versatile commercial space in a thriving Massachusetts market.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,207 SF
Lot 0.34 ac (14,784 SF)
Zoning code MG-2
APN WORC M:07 B:027 L:00002
UPID US38-0415138
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 3B Auto Inc. Auto Repair Shop
  • Stoney's Collision Center Auto Repair Shop
  • Accurate Collision Estimates Auto Repair Shop
  • J&B Auto Body Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Walter S Ferreira
Walter S Ferreira
since 2025
7 recorded transactions
2025
$775,000
2019
Price N/A
2017
Price N/A
2005
Price N/A
2005
$575,000
2001
Price N/A
1999
$235,000
Zoning & alternative use
MG-2 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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