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17 E Mountain St
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17 E Mountain St
12,354 SF 100% Leased Retail Building Worcester, MA 01606 $2,450,000 ($198/SF)
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INVESTMENT HIGHLIGHTS
- 100% occupied by long-term tenants on NNN leases, providing stable income with significant future rent increases
- Average daily traffic of +/- 14,000 vehicles on E Mountain Street and +/-11,600 vehicles on W Boylston Street
- Centrally located at the intersection of two major roads (E Mountain St & W Boylston St) and is less than a mile to I-90
- Many recent significant upgrades
EXECUTIVE SUMMARY
17 E Mountain Street is a fully occupied, NNN-leased property, offering a hands-off investment with stable income. Exceptionally well-maintained, this asset ensures minimal upkeep for ownership. Located in a prime, high-visibility area with excellent accessibility, it presents a rare opportunity for investors seeking reliable returns from a well-positioned property. Contact the listing brokers for additional information.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,354 SF
Building Class
C
Year Built
1960
Price
$2,450,000
Price Per SF
$198
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.21
Lot Size
1.35 AC
Zoning
BL-1 - Business
Parking
40 Spaces (3.24 Spaces per 1,000 SF Leased)
Frontage
191 FT on Mountain St
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | WORC-000032-000054-000004 | Improvements Assessment | $447,300 |
Land Assessment | $812,200 | Total Assessment | $1,259,500 |
PROPERTY TAXES
Parcel Number
WORC-000032-000054-000004
Land Assessment
$812,200
Improvements Assessment
$447,300
Total Assessment
$1,259,500
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17 E Mountain St
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