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Property profile & analytics
FOR LEASE
Retail space

225 Shrewsbury St Worcester, MA 01604

Individually Owned 9-yr Hold
Property ID
US38-1363318
Property summary
AI-generated overview

Introducing 225 Shrewsbury Street, a prime commercial property available for lease in Worcester, MA. The soon-to-come building expansion will bring the availability of three, potentially sub-divisible, spaces ideal for retail or restaurant use. With a modern feel and ample parking, Shrewsbury Street Marketplace provides a welcoming environment for businesses to thrive. The location boasts excellent visibility on Restaurant Row with easy access to I-290, I-190, Route 9, and Route 146, making it a standout choice for attracting customers and clients. Whether you're seeking a vibrant restaurant setting or a dynamic retail space, 225 Shrewsbury Street presents a compelling opportunity to establish your business in a coveted location. Nestled in the heart of Restaurant Row, the Shrewsbury Street Marketplace offers a vibrant backdrop for retail and restaurant tenants. Surrounding the location, visitors can explore an array of dining options, from casual cafes to upscale restaurants, creating a dynamic destination for food enthusiasts. This bustling area also features unique boutiques and specialty shops, adding to its allure as a shopping hub. With its proximity to cultural attractions and higher Education, such as the Hanover Theater, Worcester Art Museum, WPI, Clark University, and College of the Holy Cross, the area draws a diverse and engaged audience. The nearby public parks and green spaces provide additional appeal, making this locale an inviting setting for retail businesses seeking to become part of the pulse of Worcester.

Property profile
Verified
Property type Retail space
UPID US38-1363318
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mexicali Cantina Grill Restaurant
  • Gentle Dental Worcester Dental Office
  • Filete Robert E DDS Dental Office
  • Giraldo Jhon O DDS Dental Office
  • Dr. Aiymani S. Subramanian, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
225 Shrewsbury St Real · 9 yrs held
225 Shrewsbury St Real
since 2017
2 recorded transactions
2021
Price N/A
2017
$5.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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