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    99 Stafford St Worcester, MA 01603-1456
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    Property profile & analytics

    99 Stafford St Worcester, MA 01603-1456


    • Retail space
    • 14,853 SF
    • 2.44 lot acres
    Off-Market
    Property ID
    US38-0815492
    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.

    Value Estimations
    $2,865,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walgreens / Pharmacy
    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • Eric J. Lemoine, BS / Pharmacy
    • COVID-19 Drive-Thru Testing at Walgreens / Medical Laboratory
    • TD Bank ATM / Atm

    Property Details for 99 Stafford St

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.44 lot acres
    Property size
    14,853 SF
    Zone code
    ML20
    Property type
    Retail space
    APN
    WORC M:15 B:029 L:00001
    APU
    WORCM15B029L00001

    Description

    This exceptional retail property, a former Walgreens, presents a unique opportunity for a discerning tenant. Located at 99 Stafford Street in Worcester, Massachusetts, this single-tenant space boasts a generous 14,853 square feet of vacant space, ready for immediate occupancy. The building sits on a sizable 2.44-acre lot, providing ample room for expansion or outdoor amenities. Convenient parking is ensured with 77 available spaces. The property's prime location within Worcester County offers excellent visibility and accessibility, placing your business in the heart of a thriving community. The property type is classified as retail, making it ideal for a variety of commercial uses. The building's substantial size and ample parking make it suitable for businesses requiring significant space and customer convenience. This is a rare opportunity to secure a well-positioned, spacious retail location in a desirable Worcester neighborhood. The property is zoned for retail use and is ready for immediate lease. The address is 99 Stafford Street, Worcester, MA 01603. This property is available for lease and offers a significant opportunity for growth and success. The property is located in Worcester County, Massachusetts.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,400,000
      6.5%
      $3,140,000
      7%
      $2,915,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,416,000
      Market price range: $1.20M - $3.42M
      AI Estimate
      $2,038,000
      Market price range: $677k - $2.04M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,170,000
      Current use
      RESTAURANT
      $3,090,000
      Change: +42% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,540,000
      Change: +17% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,875,000
      Change: -14% Conversion: Moderate
      OFFICE BUILDING
      $1,850,000
      Change: -15% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,780,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8428
    Latitude
    42.2392
    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
    $111,514
    $984,600
    $2,727,600
    $3,712,200
    -
    $0.00
    $0.00
    $0.00
    More about this property
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