Financial
Distress signals
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. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a street-level retail/office-style space at 204 Main Street that was under construction with renovations underway at the time of the listing. The unit is approximately 650 square feet and is configured for street-facing storefront and customer-occupancy uses, with suitability for retail, professional services, and other ancillary service businesses that benefit from visible foot traffic. The building is located directly across from the Worcester County Superior Court on a

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

Value estimate

· Sep 2026
$710k
$639k – $781k
Sales comparison$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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.5
Furniture Store10.7
Dry Cleaner10.7

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 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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