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Property profile & analytics
OFF-MARKET
Retail space

416 Main St Worcester, MA 01608-1707

4,788 SF 0.03 ac lot Built 1925
Entity Owned 3-yr Hold Free & Clear
Property ID
US38-0545227
Property summary
AI-generated overview

This exceptional 1,197 square foot commercial property, located at 416 Main Street in Worcester, Massachusetts, presents a unique opportunity for a variety of businesses. Built in 1925, this single-tenant building boasts a four-story structure situated on a 1,120 square foot lot (0.03 acres). Currently vacant, the space is delivered as a "white box" shell, allowing for complete customization to suit your specific needs. The versatile layout is ideal for retail, office, café, or professional services. Its prime downtown Worcester location ensures high foot traffic, and convenient public parking is readily available nearby. The property is zoned BG-6 within Worcester County and offers significant potential for a business seeking a vibrant and accessible location. The building does not include elevators. This is a rare opportunity to establish a presence in a thriving downtown area. The property's size and location make it an attractive investment for entrepreneurs and established businesses alike. Don't miss this chance to secure a foothold in a bustling commercial district. The property's address is 416 Main Street, Worcester, MA 01608.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,788 SF
Lot 0.03 ac (1,120 SF)
Zoning code BG-6
APN WORC M:03 B:031 L:00002
UPID US38-0545227
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
414-416 Main Street LLC · 3 yrs held
414-416 Main Street LLC
since 2023
Last sale
$250,000
2 recorded transactions
2025
Price N/A
2023
$250,000
Zoning & alternative use
BG-6 · Worcester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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