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Property profile & analytics
OFF-MARKET Estimated value $820,000
Manufacturing properties

33 Pullman St Worcester, MA 01606-3310

9,840 SF 1 ac lot Built 1967
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US38-1148625
Property summary
AI-generated overview

This exceptional 10,000-square-foot flex space property, situated on a one-acre lot in Worcester County, presents a unique investment opportunity. Built in 1967, the building boasts 5,500 square feet of immediately available space, ideal for a variety of uses. The property features multiple tenancies, allowing for flexibility in tenant configuration. The existing infrastructure includes robust 200-amp, 3-phase power, ensuring ample capacity for industrial or retail operations. Comfort is ensured with radiant floor heating and newly installed air conditioning units, complemented by convenient existing air conditioning hookups. Adding to its versatility, the property includes 520 square feet of dedicated office space. Its strategic location offers easy access to major transportation arteries, being just half a mile from I-190 and three miles from I-290. The MG-0.5 zoning designation permits a wide range of industrial and retail uses, maximizing the property's potential. This well-maintained property offers a blend of functionality and convenience, making it an attractive option for businesses seeking a versatile and strategically located space. The ample square footage, combined with the robust power supply and modern HVAC systems, makes this a truly compelling opportunity. Don't miss the chance to secure this prime Worcester County location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,840 SF
Lot 1 ac (43,560 SF)
Zoning code MG-.5
APN WORC M:23 B:01A L:0003B
UPID US38-1148625
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
  • Roger Tool & Die Company, Inc Building Supply Metal Fabrication Plant
  • Micro Arc Welding General Contractor
  • Micro Arc Welding, Inc (Bike/Boat/Book/etc) Store
  • MAW FFL Transfer Service Hardware & Home Improvement General Contractor
  • KR. Brooks Auctions Gun Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$912k
Blend (final) Blend
$820k
Owner & transaction history
S Malkasian Realty LLC · 6 yrs held
S Malkasian Realty LLC
since 2019
4 recorded transactions
2019
$850,000
2007
$1
2005
$1
2005
$1
Zoning & alternative use
MG-.5 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.2M +37.9%
Office building $1.2M +36.2%
Apartment house (5+ units) $1.2M +31.1%
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