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    Property profile & analytics

    204 Main St Worcester, MA 01608-1234

    • Retail space
    • 23,802 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $675,000
    Location Intelligence
    Property ID
    US38-1293900
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden Fresh Courthouse Cafe / Restaurant / Breakfast Restaurant
    • Constable Office Worcester / Sheriff'S Department
    • Archer Constable Service Inc. / Legal Services

    Property Details for 204 Main St

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.16 lot acres
    Property size
    23,802 SF
    Zone code
    BG-6
    Property type
    Retail space
    APN
    WORC M:02 B:027 L:00017
    APU
    WORCM02B027L00017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $710,000

    • CAP approach

      CAP return
      Estimation
      6%
      $660,000
      6.5%
      $660,000
      7%
      $680,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $660,000
      Geo Method
      $715,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $550,000
      Mixed-Use
      $595,000
      Hospitality
      $590,000
      Educational
      $715,000
      Residential Income
      $715,000
      Energy
      $740,000
      Income-Based Land
      $685,000
      Food Service
      $630,000

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.801
    Latitude
    42.2678
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $32,431
    $335,800
    $743,800
    $1,079,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $295,000
      9,737 SF

      114 Southbridge St

      RETAIL STORES (PERSONAL SERVICES) • 9,737 SF
      114 Southbridge St, Worcester, MA 01608-2010
      View Details
    • Value Estimation
      $435,000
      14,850 SF

      142 Southbridge St

      RETAIL STORES (PERSONAL SERVICES) • 14,850 SF
      142 Southbridge St, Worcester, MA 01608-2010
      View Details
    • Value Estimation
      $415,000
      2,496 SF

      75 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 2,496 SF
      75 Madison St, Worcester, MA 01608-2004
      View Details
    • Value Estimation
      $330,000
      8,400 SF

      517 Main St

      RETAIL STORES (PERSONAL SERVICES) • 8,400 SF
      517 Main St, Worcester, MA 01608-1828
      View Details
    • Value Estimation
      $3,450,000
      9,834 SF

      90 Thomas St

      RETAIL STORES (PERSONAL SERVICES) • 9,834 SF
      90 Thomas St, Worcester, MA 01608
      View Details
    • Value Estimation
      $405,000
      5,271 SF

      646 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,271 SF
      646 Main St, Worcester, MA 01608-2021
      View Details

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    Similar Nearby for Lease

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      Versatile Retail Space in Worcester

      Modern retail space for lease with ample parking and visibility.
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    • Contact for pricing
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      Historic building with retail and office space in downtown Worcester.
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    • $2,250 /Mo
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      1,200 SF remodeled space in downtown location for lease.
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    • $2,250 /Mo

      Remodeled Retail/Office/Medical Space Downtown

      Remodeled 1,200 SF retail/office/medical space in prime downtown location.
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    • $20 SF/Yr
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      Main Street Retail Space Available

      1,173 SF retail space on Worcester’s Main Street.
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    • Contact for pricing
      27,542 SF

      Downtown Worcester Retail Opportunity

      Retail spaces available in downtown Worcester.
      526 Main St, Worcester, MA 01608
      View Details
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    Worcester, MA 01608-1234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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