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Property profile & analytics
FOR SALE
Retail space

376 Chandler St Worcester, MA 01602

1,141 SF 0.23 ac lot Built 1910
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US38-1087982
376 Chandler St, Worcester, MA 01602 For Sale
$500,000 1,141 SF
376 Chandler St, Worcester, MA 01602
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Property summary
AI-generated overview

This versatile freestanding building at 376 Chandler Street in Worcester, MA, presents a unique opportunity for sale or lease. Previously configured as a hair salon, the 0.23-acre property offers a flexible layout adaptable to various service-based businesses. While the existing salon equipment will be removed by the current owner, the existing plumbing infrastructure remains, simplifying renovations for future occupants. This significantly reduces the upfront investment required for customization. The building's location on Chandler Street ensures high visibility and accessibility due to the area's substantial daily traffic volume. A key advantage is the inclusion of six dedicated parking spaces, a valuable asset for both employees and clients. This property offers an excellent chance to establish a new business or expand an existing one in a desirable Worcester location. The asking price is $3,000. The square footage is not currently specified. The property's convenient location and ample parking make it an attractive option for a wide range of businesses seeking a well-situated commercial space. Serious inquiries are encouraged to explore this promising investment or lease opportunity. The property is ready for immediate occupancy, offering a seamless transition for new owners or tenants.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction FRAME
Total area 1,141 SF
Lot 0.23 ac (10,190 SF)
Zoning code BL-1
APN WORC M:14 B:031 L:004+5
UPID US38-1087982
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
  • Shi-Shi's Lounge Hair Salon
  • The Cut Coach Hair Salon
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
Eurayshia Williams LLC · 18 yrs held
Eurayshia Williams LLC
since 2008
5 recorded transactions
2008
$250,000
2004
Price N/A
2004
$1
2004
Price N/A
2001
$190,000
Zoning & alternative use
BL-1 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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