Property profile

277 Providence St Worcester, MA 01607

FOR SALE
Industrial land
Property ID
US38-1398543
2.56 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 2.4-acre commercial lot presents a unique investment opportunity in Worcester, Massachusetts. Strategically located at a newly constructed four-way signalized intersection overlooking Route 146, this corner lot boasts unparalleled visibility and accessibility. The property's prime location is directly opposite a 43-acre shopping center anchored by a Super Walmart, ensuring high traffic volume and exposure to a substantial consumer base. Its adjacency to a new highway off-ramp further enhances its convenience and appeal. The site is situated within a densely populated area of Worcester, close to Holy Cross and Quinsigamond Village, providing a large pool of potential customers. The high daily traffic count on Route 146 (55,216 vehicles per day in 2015) underscores the significant potential for attracting customers. With a daytime population of 244,600 within a five-mile radius, this property offers a robust market for various commercial ventures. Ideal uses include restaurants, small to mid-box retail establishments, gas stations, and hotels. Multiple single-tenant uses are also feasible, making this a versatile and highly desirable location for commercial development. The property is located at 277 Providence Street, Worcester, MA 01607, in Worcester County.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.56 ac (111,513 SF)
Zoning code BG-2
APN WORC M:31 B:015 L:00002
UPID US38-1398543

Cap rate & NOI

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

Location

277 Providence St Worcester, MA 01607
Worcester metro Census 732802 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2026
1 recorded transaction
2026
$1.4M

Zoning & alternative use

BG-2 · Worcester, MA

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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More about this property
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