30 Chatham St - 30 Chatham St, Worcester
0.27 Acres of Commercial Land Offered at $495,000 in Worcester, MA 01609


INVESTMENT HIGHLIGHTS
- Can be purchased individually or with 55-61 Pearl Street.
EXECUTIVE SUMMARY
LAND DESCRIPTION: Well-traveled by both pedestrians and vehicles, and near numerous landmark buildings on Main Street, makes this is a prime ancillary parking site. It contains 37 parking spaces.
ECONOMIC DEVELOPMENT: It’s located in an “Opportunity Zone”, allowing for tax deferred reinvestment of capital gains.
LAND AREA: 0.273 acres.
ZONING: BG-6.
CONTACT: Matt Shwachman: (508) 798-8844 or matts@firstamericanrealtyinc.com
PROPERTY FACTS
Price | $495,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Parking Lot |
Total Lot Size | 0.27 AC |
Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
Price | $495,000 |
Price Per AC | $1,833,333.33 |
Lot Size | 0.27 AC |
30 Chatham Street is well located in the CBD of Worcester bounded by Chatham and Chestnut Streets and accessible via Chatham Street. It is adjacent to the Fanning Building and is one block from Main St and City Hall. Zoned BG-6.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $2,960,700 | |
Land Assessment | $1,038,500 | Total Assessment | $3,999,200 |
ZONING
Zoning Code | BG-6 |