340 Main St | Worcester, MA 01608
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- LoopNet Team
340 Main St
Worcester, MA 01608
Approved 312-Unit Residential Redevelopment · Office Property For Sale
Investment Highlights
- APPROVED MARKET-RATE HISTORIC REDEVELOPMENT
- TIGHT RENTAL MARKET WITH STRONG TRENDS
- OPPORTUNITY ZONE INCENTIVES & TAX CREDITS IN EXCESS OF $23 MILLION OF INCENTIVES
- EXCELLENT DOWNTOWN LOCATION WITH EXPANSIVE TRANSFORMATION
PROPERTY FACTS
Property Type
Office
Property Subtype
Office/Residential
Building Size
363,909 SF
Building Class
B
Year Built/Renovated
1897/1928
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
36,391 SF
Slab To Slab
13’
Building FAR
7.14
Lot Size
1.17 AC
Zoning
BG-6 - Commercial Business
Amenities
- Property Manager on Site
PROPERTY TAXES
| Parcel Number | WORC-000003-000032-000021 | Improvements Assessment | $14,014,000 |
| Land Assessment | $165,000 | Total Assessment | $14,179,000 |
PROPERTY TAXES
Parcel Number
WORC-000003-000032-000021
Land Assessment
$165,000
Improvements Assessment
$14,014,000
Total Assessment
$14,179,000
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