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Property profile

204 Main St Worcester, MA 01609

FOR LEASE
Retail space
Property ID
US38-1293900
23,802 SF 0.16 ac lot Built 1920
Last sale Aug 2018 · $860,000
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A street-level retail/commercial space at 204 Main Street, approximately 650 square feet, was configured for retail services, professional services, and related ancillary uses. The property is situated on a high-traffic downtown corridor directly across from the Worcester County Superior Court and is within walking distance of DCU Center and the Palladium, supporting both daytime and evening foot traffic. The building’s street-level storefront is designed for visibility to passing pedestrians, and the area provides access to major highways and city transit.

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?
$32k
Tax billed · 2024
Assessed value$1.08M
Assessed land$336k
Assessed improvement$744k
Effective rate3.00%

Value estimate

· Oct 2026
$710k
$639k – $781k
Submarket $/SF estimate$1.31M

Realmo valuation models over county records and 3 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 comparables3

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-6
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.9
Butcher8.7
Catering Service7.7

Location

204 Main St Worcester, MA 01609
County assessor Recorded deeds · 7 transfers 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
62 Lafayette, Worcester, MA 01608 $70,000 Jan 2024 2,091 SF
90 Thomas, Worcester, MA 01608 $3,500,000 Jan 2024 9,834 SF
1 Jackson, Worcester, MA 01608-2252 $750,000 Oct 2023 25,448 SF
21 Lafayette, Worcester, MA 01608-2131 $130,000 Oct 2023 6,332 SF
536 Main, Worcester, MA 01608-2014 $800,000 Jul 2023 17,860 SF
98 Beacon, Worcester, MA 01608 $900,000 Feb 2022 30,888 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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