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    OFF-MARKET
    Investment properties

    32 Worcester Rd, Charlton, MA 01507-1599

    2,346 SF 0.66 ac lot Built 1880
    Entity Owned 1-yr Hold
    Property ID
    US38-0969580
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 1.1-acre parcel in Charlton, Massachusetts, zoned for mixed use. The property, located at 32 & 34a Worcester Road, includes two multifamily buildings and offers 25 parking spaces. Situated on the corner of Gillespie Road and Route 20, this prime location boasts high visibility and daily traffic exceeding 26,000 vehicles. Its proximity to a major highway and a new, large Amazon distribution center further enhances its appeal. The property is subject to a ground lease. The current configuration offers multiple potential uses, including drive-through options, making it ideal for a franchise or independent business seeking high traffic exposure. This property presents a unique blend of residential income and significant commercial potential, making it an attractive investment in a rapidly developing area. The existing multifamily buildings provide immediate cash flow, while the zoning allows for a variety of future development possibilities. This is a rare opportunity to acquire a strategically located property with significant upside potential in a thriving market. The property is located a quarter mile from a new $390 million Amazon distribution center and minutes from major roadways.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1880
    Construction FRAME
    Total area 2,346 SF
    Lot 0.66 ac (28,750 SF)
    Zoning code CB
    APN CHAR M:027B B:000C L:0000001
    UPID US38-0969580
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Kneaded Relief Massage & Spa Therapy Alternative Medicine Practice Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    32-34 Worcester Rd LLC · 1 yrs held
    32-34 Worcester Rd LLC
    since 2025
    Last sale
    $337,500
    7 recorded transactions
    2026
    2025
    $337,500
    2022
    $130,000
    2022
    2020
    2013
    2009
    Zoning & alternative use
    CB · Charlton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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