306 Belmont St Worcester, MA 01604
For Lease
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This exceptional Class A executive office space, totaling 25,533 square feet, is immediately available for sublease at 306 Belmont Street in Worcester, Massachusetts. Previously occupied by UMass Memorial Health, the space is in excellent condition and features a desirable layout including private offices, open work areas, training rooms, and multiple conference rooms. The sublease may include some existing furniture. The building boasts 78,916 total square feet and offers 260 surface parking spaces. Situated on Route 9, with convenient access to I-290, this location provides easy access to local amenities, colleges, and surrounding communities. The property benefits from a highly desirable location directly across from UMass Memorial Health's University Campus and Abbvie Inc.'s Bio-research center, and is adjacent to the new biotech park, The Reactory. This presents a unique opportunity to establish your business within Worcester's thriving life sciences and biotech sector. The property is zoned ML-10 and was built in 1940. The available space ranges from 11,996 to 25,533 square feet, offering flexibility for various business needs. This is a multi-tenant building. Don't miss the chance to secure this prime office space in a rapidly growing area.
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Magit David P MD Physician
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UMass Memorial Health Ventures, Inc. - Corporate Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ML10 · Worcester, MAWorcester. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.