277 Providence St Worcester, MA 01607
- Industrial land
- 2.56 lot acres
Current Use by Public Records
- Industrial land
Property Details for 277 Providence St
- Lot size
- 2.56 lot acres
- Zone code
- BG-2
- Property type
- Industrial land
- APN
- WORC M:31 B:015 L:00002
- APU
- WORCM31B015L00002
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7906
- Latitude
- 42.2359
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
