Property profile

50 Kingsbury St Worcester, MA 01610

OFF-MARKET
Showrooms
Property ID
US38-2244017
9,570 SF 0.17 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Worcester, MA property at 50 Kingsbury offers a unique investment opportunity. The building, constructed of brick, boasts a spacious interior ideal for a variety of commercial uses or creative projects. High ceilings and expansive windows contribute to a bright and airy atmosphere, enhancing the overall appeal and functionality of the space. The 0.17-acre lot provides ample room for potential expansion or outdoor amenities. The building's adaptable nature makes it suitable for a wide range of businesses or adaptive reuse developments. Its prime location in Worcester offers excellent visibility and accessibility. This property presents a rare chance to acquire a substantial building with significant potential for growth and return on investment. The substantial size and flexible layout allow for creative design and customization to meet specific business needs. The building's solid construction and attractive features make it a compelling option for entrepreneurs and investors seeking a unique commercial space in a thriving urban setting. The asking price of $950,000 reflects the property's considerable potential and prime location within the city. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,570 SF
Lot 0.17 ac (7,500 SF)
Zoning code RG-5
APN WORC M:06 B:019 L:00020
UPID US38-2244017

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company

Location

50 Kingsbury St Worcester, MA 01610-3241
Worcester metro Census 731400 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2022
Last sale
$575,000
6 recorded transactions
2022
$575,000
2021
Price N/A
2020
$325,000
2018
$260,000
2016
$187,000
2006
$200,000

Zoning & alternative use

RG-5 · Worcester, MA
Zoning description

The purpose of the RG-5 is the promotion of residential uses and related uses

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 50 Kingsbury St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message