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    OFF-MARKET
    Showrooms

    50 Kingsbury St, Worcester, MA 01610-3241

    9,570 SF 0.17 ac lot Built 1900
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US38-2244017
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Worcester County Refrigeration General Contractor Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Finworks LLC · 3 yrs held
    Finworks LLC
    since 2022
    Last sale
    $575,000
    6 recorded transactions
    2022
    $575,000
    2021
    2020
    $325,000
    2018
    $260,000
    2016
    $187,000
    2006
    $200,000
    Zoning & alternative use
    RG-5 · Worcester, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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