Technical
Financial
Distress signals
Property profile

184 Boylston St West Boylston, MA 01583

OFF-MARKET
Commercial real estate
Property ID
US38-1201031
102,067 SF 24.17 ac lot Built 1990
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Wachusett Plaza, located at 184 West Boylston St in West Boylston, MA, offers a prime 1,500 square foot executive office suite within a larger 102,096 square foot building. This Class B property sits on a 19.17-acre lot and boasts a diverse tenant mix including Planet Fitness, ABL Dance Gymnastics, CMSC Driving School, Elegant Nails and Spa, and Froze Zone, ensuring high foot traffic and visibility. The building features ample parking with 650 spaces (a ratio of 6 per 1,000 square feet). The property is zoned BUS and located in Worcester County, offering excellent access to major transportation routes. Minutes from Routes 190 and 290, the Mass Pike, and downtown Worcester, this location provides easy commuting for employees and clients, and is only 45 minutes from Boston. This is a unique opportunity to establish or expand your business in a thriving commercial center. The building is multi-tenant, offering a vibrant and collaborative environment. This available space presents a chance to benefit from the established success of the existing tenants and the high volume of traffic generated by the plaza's diverse offerings. The property's size and amenities make it ideal for a variety of businesses seeking a prominent location with excellent accessibility.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 102,067 SF
Lot 24.17 ac (1,052,845 SF)
APN WBOY M:0158 B:0001 L:0000
UPID US38-1201031

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

184 Boylston St West Boylston, MA 01583-1756
West Boylston metro Census 729200 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.47M
Blend (final) Blend
$6.87M

Owner & transaction history

since 2004
7 recorded transactions
2022
Price N/A
2016
Price N/A
2010
Price N/A
2008
Price N/A
2006
Price N/A
2004
$3.5M
1998
$6.4M

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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