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Property profile & analytics
OFF-MARKET Estimated value $1,725,000
Showrooms

4 Quinsigamond Ave Worcester, MA 01608-2170

44,516 SF 1.31 ac lot Built 1955
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US38-0740244
Property summary
AI-generated overview

This exceptional Worcester County warehouse offers 16,000 square feet of immediately available space within a larger 44,416 square foot building. Boasting a convenient location with easy access to Routes 146 and 290, this property is situated near Worcester's Polar Park, the Canal District, and Kelly Square, benefiting from the surrounding new development. The building features 14' to 16' ceiling heights, providing ample vertical space for various industrial uses. Loading is facilitated by two dock-high doors and one drive-in door, ensuring efficient goods movement. The property is equipped with three-phase, 480V power, suitable for a range of industrial operations. This multi-tenant building is zoned MG-2.0, and its rich history as the former home of the Worcester Lunch Car Company adds a unique character to this already desirable location. The available space presents a significant opportunity for businesses seeking a well-connected and spacious warehouse in a thriving urban environment. This is a rare opportunity to lease space in a historically significant building with modern functionality and excellent access to major transportation arteries. Contact us to learn more about this exceptional property and its potential to meet your business needs.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 44,516 SF
Lot 1.31 ac (57,063 SF)
Zoning code MG-2
APN WORC M:05 B:012 L:16-21
UPID US38-0740244
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
  • Xiomie Perfumes & More Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Johnstone Supply Big Box & Wholesale Store Building Supply
  • Worcester Flea Market (Bike/Boat/Book/etc) Store
  • Millbury Textile Recycling, Inc. Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.73M
Owner & transaction history
Talbert T Saul · 14 yrs held
Talbert T Saul
since 2012
2 recorded transactions
2012
Price N/A
2003
Price N/A
Zoning & alternative use
MG-2 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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