56 Franklin St, Unit Worcester MA Worcester, MA 01608
Property profile & analytics
56 Franklin St, Unit Worcester MA, Worcester, MA 01608
- Investment properties
- 18,498 SF
- 0.11 lot acres
Property ID
US38-1070930
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Brew on the Grid / Cafe & Coffee Shop
Property Details for 56 Franklin St
- Year built
- 1820
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.11 lot acres
- Zone code
- BG-6
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- WORC M:03 B:012 L:01+61
- APU
- WORCM03B012L0161
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 6, 2025 | — | Grid Worcester Hldg LLC | — | Deed · related | $1.5M · Mutualone Bank |
| Dec 3, 2024 | — | Grid Worcester Hldg LLC | — | Deed · related | $4.3M · Mutualone Bank |
| Mar 12, 2020 | — | Hldgs Grid Worcester | Worcester Franklin Hldgs | Quit Claim Deed · related | $67.5M · Ladder Cap Fin |
| Feb 10, 2017 | — | Worcester Franklin Hldgs | Worcester Park Plaza LLC | Quit Claim Deed · related | — |
| Dec 3, 2008 | $1 | Worcester Park Plaza LLC | Mdhe LLC | Grant Deed | — |
| Dec 3, 2008 | — | Worcester Park Plaza LLC | — | Deed Of Trust · related | $1.1M · Salem Five Cents Savings Bank |
| May 29, 2008 | $1 | Mdhe LLC | Worcester Commons LLC | Grant Deed | — |
| May 29, 2008 | — | Mdhe LLC | — | Deed Of Trust · related | $2.7M · Anglo Irish Bank Corp |
| Nov 15, 2004 | $645,000 | Worcester Commons LLC | Worc Preservation LLC | Grant Deed · related | $11.1M · Anglo Irish Bank Corp |
| Nov 10, 2003 | $200,000 | Worc Preservation LLC | Worc Preservation INC | Grant Deed · related | — |
| Jul 11, 2002 | — | Preservation Worc INC | — | Deed Of Trust · related | $50k · Worcester Rlty LLC |
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,035,000 Current use
- RETAIL STORES
- $2,700,000 Change: +33% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $2,335,000 Change: +15% Conversion: Difficult
- OFFICE BUILDING
- $2,305,000 Change: +13% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,220,000 Change: +9% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,855,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.801
- Latitude
- 42.2613
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$235,900
$1,656,500
$1,892,400
-
$0.00
$0.00
$0.00
