1022 Main St
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1022 Main St
3,710 SF 100% Leased Office Building Worcester, MA 01603 $599,000 ($161/SF)
Investment Highlights
- Currently used as a single-family home.
Executive Summary
Opportunity knocks with this unique mixed-use property just a short walk from Clark University! Featuring 12 rooms, 6 bedrooms, 3 full baths, and 1 half bath, this property offers great potential for investors or homeowners. With a 7,592 sq.ft. lot and 2,500 sq.ft. of living space, the home includes a partially finished basement with room for more, plus parking for 7+ cars on a paved driveway. Currently used as a single-family home, it could be converted to a rooming house, multi-family residence with commercial space, or other uses with the appropriate city approvals. Located near the Clark University baseball field, St. Vincent Hospital, Polar Park Stadium, and I-290, the property is in a prime location. Buyers are responsible for due diligence and any necessary permits or approvals. Don’t miss this excellent investment opportunity!
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,710 SF
Building Class
C
Year Built
1920
Price
$599,000
Price Per SF
$161
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,108 SF
Slab To Slab
9’
Building FAR
0.49
Lot Size
0.17 AC
Zoning
RG-5 - Residential, mixed use
Parking
2 Spaces (0.54 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 of 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
Parcel Number | WORC-000008-000017-000022-000034 | Improvements Assessment | $469,900 |
Land Assessment | $88,300 | Total Assessment | $558,200 |
PROPERTY TAXES
Parcel Number
WORC-000008-000017-000022-000034
Land Assessment
$88,300
Improvements Assessment
$469,900
Total Assessment
$558,200
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1022 Main St
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