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    Property profile & analytics

    386 Shrewsbury St Worcester, MA 01604-1687

    • Super regional malls
    • 9,840 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0768240
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Anytime Fitness / Gym / Fitness Center
    • Candie Nails & Spa / Nail Salon
    • Little Caesars Pizza / Pizza Restaurant / Fast Food Restaurant
    • WE R CPR / Medical Certificate Service

    Property Details for 386 Shrewsbury St

    Year built
    2009
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.77 lot acres
    Property size
    9,840 SF
    Zone code
    ML10
    Property type
    Super regional malls
    APN
    WORC M:16 B:024 L:00008
    APU
    WORCM16B024L00008

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7753
    Latitude
    42.2716
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $34,321
    $481,300
    $661,200
    $1,142,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $595,000
      6,860 SF

      1280 Grafton St

      REGIONAL SHOPPING CENTER, MALL • 6,860 SF
      1280 Grafton St, Worcester, MA 01604-2661
      View Details
    • Value Estimation
      $410,000
      4,500 SF

      734 Grafton St

      REGIONAL SHOPPING CENTER, MALL • 4,500 SF
      734 Grafton St, Worcester, MA 01604-2369
      View Details
    • Value Estimation
      $445,000
      5,899 SF

      1121 Grafton St

      REGIONAL SHOPPING CENTER, MALL • 5,899 SF
      1121 Grafton St, Worcester, MA 01604-2049
      View Details
    • Value Estimation by Request
      55,531 SF

      72 Shrewsbury St

      REGIONAL SHOPPING CENTER, MALL • 55,531 SF
      72 Shrewsbury St, Worcester, MA 01604-4660
      View Details
    • Value Estimation
      $675,000
      7,800 SF

      759 Grafton St

      REGIONAL SHOPPING CENTER, MALL • 7,800 SF
      759 Grafton St, Worcester, MA 01604-2366
      View Details
    • Value Estimation by Request
      12,460 SF

      347 Grafton St

      REGIONAL SHOPPING CENTER, MALL • 12,460 SF
      347 Grafton St, Worcester, MA 01604-3709
      View Details

    Similar Nearby for Sale

    • $1,250,000
      2,560 SF

      Retail Space with Dedicated Parking

      Retail property featuring an open floor plan and dedicated parking.
      181 Shrewsbury St, Worcester, MA 01604
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      Turn-Key Mixed-Use Investment Property

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      Turnkey Mixed-Use Investment Opportunity

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      Turnkey Restaurant Business Opportunity

      Profitable pizza and seafood restaurant business for sale.
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      Mixed-Use Investment Opportunity

      Three-unit mixed-use property in a high-visibility location.
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      Shrewsbury Street Multifamily Development Opportunity

      Permitted 24-unit multifamily with commercial space in prime location.
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    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space in Worcester Center

      Retail space available in a busy, anchored shopping center.
      867-949 Grafton St, Worcester, MA 01604
      View Details
    • Contact for pricing
      4,000 SF

      Retail/Office Space For Rent

      Retail and office spaces available in Worcester, Massachusetts.
      490 Shrewsbury St, Worcester, MA 01604
      View Details
    • $1,500 /Mo
      418 SF

      Retail Unit on Franklin Street

      Versatile retail space in high-traffic Worcester location, ready for customization.
      590 Franklin St, Worcester, MA 01604
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    • $5,000 /Mo

      Canal District Restaurant/Bar Opportunity

      Former bar space for rent in vibrant Canal District.
      97-103 Water St, Worcester, MA 01604
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    • $3,000 /Mo

      Prime Retail/Office Space Available

      1,700 sq ft commercial space ideal for retail/office/food business.
      488 Grafton St, Worcester, MA 01604
      View Details
    • $3,500 /Mo
      871 SF

      Worcester Public Market Retail Space

      Retail space with full kitchen and bar in Worcester Market.
      152 Green St, Worcester, MA 01604
      View Details

    Property Visit Statistics

    • Visits by month
      8.8k
    • Visitors by month
      6.7k
    • Avg Time on site
      19 min
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    386 Shrewsbury St
    Worcester, MA 01604-1687
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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