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    300 Grv St Worcester, MA 01605-3908

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    300 Grv St Worcester, MA 01605-3908


    • Hospitals
    • 19,376 SF
    • 1.39 lot acres
    Off-Market
    Last Sale Jul 29, 2022
    $9,500,000
    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.

    Value Estimations
    $7,935,000
    Show details
    Cap Rate Potential
    4.2%
    Hospitals
    Location Intelligence

    Current Use by Public Records

    • Worcester Dental Arts / Dental Office
    • Worcester Surgical Center / Medical Clinic / Hospital
    • Narayan Vikram P MD / Physician
    • APURVA ASHOK SHAH / Physician
    • Michael A Geffin / Physician / Medical Clinic

    Property Details for 300 Grv 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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $7,780,000
      ML approach
      $7,915,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,405,000
      6.5%
      $4,990,000
      7%
      $4,635,000

    Get a detailed, property-specific estimation — fast and free


    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
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