Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

300 Grove St Worcester, MA 01605

  • Hospitals
  • 19,376 SF
  • 1.39 lot acres
Value Estimation
$8,295,000
Last Sale
Jul 29, 2022
$9,500,000
Location Intelligence
Property ID
US38-1248973
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

  • Worcester Dental Arts / Dentist / Cosmetic Dentist
  • Worcester Surgical Center / Surgical Center
  • Narayan Vikram P MD / Anesthesiologist
  • APURVA ASHOK SHAH / Obstetrician-Gynecologist
  • Michael A Geffin / Urologist

Property Details for 300 Grove St

Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.39 lot acres
Property size
19,376 SF
Zone code
MG-.5
Property type
Hospitals
APN
WORC M:13 B:032 L:10+11
APU
WORCM13B032L1011

Description

This exceptional 1,700 square foot medical office space is located at 300 Grove Street in Worcester, Massachusetts, 01605. The building, a Class C property totaling 20,076 square feet, underwent a complete renovation in 2023. The space is part of a single-tenant building and offers a prime location directly across from the new Trolley Yard retail development, ensuring high visibility and accessibility. The building itself is a well-established medical office building, previously home to the Worcester Surgical Center. This location provides easy access to a variety of amenities, including restaurants, banks, and retail shops along Gold Star Boulevard, all within walking distance. Furthermore, its strategic position offers unparalleled highway access to I-190, I-290, I-495, and I-90 (Mass Pike), making commuting for both staff and clients exceptionally convenient. Built in 1955, this property offers a blend of history and modern updates, providing a fresh and professional environment for medical practices. The available space is ideal for medical professionals seeking a well-situated and recently renovated office in Worcester County. This is a single-tenant occupancy opportunity.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $7,780,000
  • CAP approach

    CAP return
    Estimation
    6%
    $9,240,000
    6.5%
    $9,540,000
    7%
    $8,900,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $9,520,000
    Geo Method
    $8,780,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $9,585,000
    Retail
    $11,175,000
    Mixed-Use
    $8,830,000
    Hospitality
    $8,445,000
    Educational
    $8,640,000
    Residential Income
    $10,070,000
    Energy
    $10,480,000
    Income-Based Land
    $10,570,000
    Food Service
    $10,390,000

Location Insight

  • Map
  • Local Demand
City
Worcester
County
Worcester
State
Massachusetts
Longitude
-71.8063
Latitude
42.2835
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
$200,649
$2,115,900
$4,563,500
$6,679,400
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message