31 Canterbury St, Worcester, MA 01610
For Sale
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This exceptional 0.088-acre commercial and industrial land parcel, located at 31 Canterbury Street in Worcester, Massachusetts, presents a unique development opportunity. The approximately 6,500 square foot lot boasts a desirable location within Worcester, offering easy access to major transportation arteries including Route 122A, Route 146, I-290, and I-190, all within three miles. The property features approximately 50 feet of frontage on Canterbury Street and is conveniently serviced by city water and sewer, natural gas provided by National Grid, and electricity, also supplied by National Grid. The lot is primarily level, simplifying development plans. The property is zoned MG-2, providing flexibility for a range of commercial and industrial uses. Its central Worcester location ensures excellent accessibility for businesses seeking to serve the Greater Worcester area and beyond. This is an ideal opportunity for developers and businesses seeking a well-situated, readily-accessible lot in a thriving Massachusetts market. The property's size, utilities, and location combine to create a compelling investment prospect. The 01610 zip code further enhances its appeal.
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
Property description
Physical attributes from public recordsZoning & alternative use
MG-2 · 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.
