66 Southgate St Worcester, MA 01603-2800
This exceptional 3,040-square-foot office and flex space at 66 Southgate Street in Worcester, Massachusetts, presents a unique opportunity for a single tenant. Ideally situated for convenient access to downtown Worcester, Interstate 290, and Route 146, this property offers unparalleled convenience. The building, situated on a 0.13-acre lot, boasts a versatile layout previously used as a research and development facility. The space includes well-appointed office areas, a substantial amount of storage, and a significant advantage: one convenient drive-in bay with an overhead door. This feature is particularly beneficial for businesses requiring easy loading and unloading of materials or equipment. The property is zoned RG-5 by the City of Worcester, providing flexibility for a variety of uses. The entire 3,040 square feet is currently vacant and ready for immediate occupancy. This is an excellent opportunity to secure a well-located, functional space in a thriving area. The property's previous use as an environmental research and development facility suggests the presence of suitable infrastructure for similar businesses, though this should be verified independently. The combination of office and flex space makes this property suitable for a wide range of businesses seeking a convenient and adaptable workspace.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RG-5 · Worcester, MAWorcester. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.