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Financial
Distress signals
Property profile

415 Main St Ste 4 Worcester, MA 01608

OFF-MARKET
Other office properties
Property ID
US38-1679960
3,495 SF 0.09 ac lot Built 1900
Last sale Mar 2021 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 415 Main Street in Downtown Worcester, this 3,500 square foot office/lab condominium suite is situated on the 4th floor of a prominent multi-tenant commercial building and is accessed via elevator. The suite includes an in-unit reception area, private offices, a conference room, and open work areas, with a layout that supports both client-facing functions and internal team workflow. The space was previously used as a lab testing facility and is configured to accommodate a range of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$277k
Assessed improvement$277k
Effective rate3.00%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$410k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$125/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$82 – $187
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BG-6
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.3
Butcher8.5
Pet Store8.4

Location

415 Main St Ste, Unit 4 Worcester, MA 01608-1769
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
108 Beacon, Worcester, MA 01608-2216 $1,300,000 Dec 2024 9,040 SF
455 Main St, Worcester, MA 01608-1805 $170,000 Aug 2023 661 SF
35 Waldo, Worcester, MA 01608 $3,200,000 Jun 2023 30,426 SF
37 Mechanic, Worcester, MA 01608-2418 $675,000 Sep 2022 4,788 SF
19 Mechanic, Worcester, MA 01608 $195,000 Jun 2022 1,850 SF
8 Norwich, Worcester, MA 01608-2405 $855,000 Apr 2022 7,488 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $415,000
    4,596 SF
    38 Frnt St Fl 1a
    CONDOMINIUM OFFICES
    38 Frnt St Fl 1a, Worcester, MA 01608-1732
    View Details
  • Value Estimation
    $625,000
    4,788 SF
    37 Mechanic St
    OFFICE BUILDING
    37 Mechanic St, Worcester, MA 01608-2418
    View Details
  • Value Estimation
    $290,000
    1,715 SF
    455 Main St Rm, Unit 101
    CONDOMINIUM OFFICES
    455 Main St Rm, Worcester, MA 01608-1805
    View Details
  • Value Estimation
    $780,000
    7,488 SF
    8 Norwich St
    OFFICE BUILDING
    8 Norwich St, Worcester, MA 01608-2405
    View Details
  • Value Estimation
    $260,000
    1,432 SF
    70 Southbridge St Ste, Unit 1
    CONDOMINIUM OFFICES
    70 Southbridge St Ste, Worcester, MA 01608-2000
    View Details
  • Value Estimation by Request
    9,040 SF
    108 Beacon St
    OFFICE BUILDING
    108 Beacon St, Worcester, MA 01608-2216
    View Details

Similar Nearby for Sale

  • New
    $225,000
    1,717 SF
    Downtown Worcester Office Condo
    Professional office space in the heart of downtown Worcester.
    27 Mechanic Street, Unit 103 & 105, Worcester, MA 01608
    View Details
  • New
    Contact for pricing
    10,000 SF
    Full-Floor Office Suite
    A flexible office floor offers a mix of enclosed rooms and larger suites, with the option to configure separate premises.
    554 Main Street Unit 5, Worcester, MA 01608
    View Details
  • New
    Contact for pricing
    1,179 SF
    Multi-Office Suite
    A conference area, open workspace, and three private offices support a range of professional operations.
    554 Main Street Unit 240, Worcester, MA 01608
    View Details
  • New
    Contact for pricing
    1,014 SF
    Private Office Suite
    A flexible workspace pairs a windowed open area with a separate private office and shared tenant amenities.
    554 Main Street Unit 260, Worcester, MA 01608
    View Details
  • $175,000
    1,000 SF
    First-Floor Medical Office Condo
    Ground-level suite includes reception, a central work area with plumbing, and three adaptable private rooms.
    19 Mechanic St # 102, Worcester, MA 01608
    View Details
  • New
    Contact for pricing
    759 SF
    Office Suite with Private Offices
    A compact professional workspace combines enclosed rooms, a flexible work area, and shared building amenities.
    554 Main Street Unit 250, Worcester, MA 01608
    View Details

Similar Nearby for Lease

  • Contact for pricing
    5,000 sqft
    Office Units with Shell Space
    Lease opportunity combines finished office space with additional shell-condition area near Downtown Worcester amenities.
    57 Union St, Worcester, MA 01608
    View Details
  • New
    Contact for pricing
    8,500 sqft
    Class A Office Suite on Second Floor
    Second-floor Class A office space with modern finishes and included workstations and office furniture.
    526 Main St, Worcester, MA 01608
    View Details
  • New
    Contact for pricing
    9,057 sqft
    Four-Story Office Building
    Four-story office building in Worcester’s financial district, offering flexible space for professional tenants.
    385 389 Main st, Worcester, MA 01608
    View Details
  • New
    $18 SF/Yr
    10,000 sqft
    Full-Floor Office Space
    The floor can accommodate one occupant or be arranged into smaller suites and private rooms.
    554 Main Street, #5, Worcester, MA 01608
    View Details
  • New
    $18 SF/Yr
    10,000 sqft
    Full-Floor Office Space
    A configurable upper-floor suite combines larger rooms and private offices with elevator service and restrooms on the same level.
    5-554 Main St, Worcester, MA 01608
    View Details
  • New
    $2,600/Mo
    1,179 sqft
    Office Suite with Private Offices
    A multi-room professional suite includes shared kitchen, restroom, workstations, and lounge areas.
    554 Main Street, #240, Worcester, MA 01608
    View Details
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