Financial
Distress signals
Property profile

181 Shrewsbury St Worcester, MA 01604

FOR SALE
Retail space
Property ID
US38-0406314
2,560 SF 0.11 ac lot Built 2020
Last sale May 2018 · $353,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
181 Shrewsbury St, Worcester, MA 01604 For Sale
$995,000 2,560 SF
181 Shrewsbury St, Worcester, MA 01604
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Property summary

AI-generated overview

A single-story commercial building with approximately 2,560 square feet of interior space situated on a 4,672 square foot lot. The exterior features a stone façade and stucco siding, and the interior is configured with a modern open floor plan. The building includes two restrooms and is fully ADA-compliant. It is located on Shrewsbury Street in Worcester, with convenient access to Downtown Worcester, Route 9, and Interstate 290, and the site provides 10 parking spaces.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$364k
Assessed land$123k
Assessed improvement$241k
Effective rate3.00%

Value estimate

· Sep 2026
$405k
$365k – $446k
AI approach$340k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$3k
Operating expenses−$15k
NOI · 3.54% cap applied$35k

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

Recently sold

What actually traded nearby?
$146/SF
Submarket average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$81 – $230
Qualifying comparables7

Cap rate analysis

How does the asset earn?
3.54%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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
Pharmacy13.5
Department Store11.5
Convenience Store11.1

Location

181 Shrewsbury St Worcester, MA 01604
County assessor Recorded deeds · 8 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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