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347 Greenwood St

13,636 SF 100% Leased Retail Building Worcester, MA 01607 For Sale

Mixed Use Properties Massachusetts Worcester 347 Greenwood St, Worcester, MA 01607

Executive Summary

Kelleher & Sadowsky is pleased to share the retail strip property at 347 Greenwood Street in Worcester now for sale. The site is visible from Route 20 and less than 1-mile to I90 / Mass Pike, and just over 1-mile to Route 122A. The WRTA's inbound bus to Worcester can be accessed at the Route 11 stop directly in front of the center on Greenwood Street. Big-box retailers across the street at RK Worcester Fair (199K SF) supplement the retail consumer draw to this area.
At 100% occupancy, this 12,000 SF retail property currently provides an attractive NOI with tremendous future upside as the Worcester retail market continues to attract retailers & developers.

Attachments

Worcester - Greenwood Street (347) RTL

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,636 SF
Building Class
C
Year Built
1989
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.66 AC
Zoning
ML-.5 - Manufacturing Limited
Parking
28 Spaces (2.33 Spaces per 1,000 SF Leased)
Frontage
430 FT on Greenwood St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
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347 Greenwood St, Worcester, MA - aerial map view

PROPERTY TAXES

Parcel Number WORC-000029-000047-000008C Improvements Assessment $475,000
Land Assessment $900,800 Total Assessment $1,375,800

PROPERTY TAXES

Parcel Number
WORC-000029-000047-000008C
Land Assessment
$900,800
Improvements Assessment
$475,000
Total Assessment
$1,375,800
(508) 755-0707 x793

Contacts

  • Listing ID: 31156892

  • Date on Market: 3/8/2024

  • Last Updated:

  • Address: 347 Greenwood St, Worcester, MA 01607

More public record information on 347 Greenwood St, Worcester, MA 01607

The Retail Property at 347 Greenwood St, Worcester, MA 01607 is currently available for sale. Contact Kelleher & Sadowsky Associates, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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347 Greenwood St, Worcester, MA for sale Building Photo- Image 1 of 6
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347 Greenwood St, Worcester, MA for sale Aerial- Image 2 of 6
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347 Greenwood St, Worcester, MA for sale Building Photo- Image 5 of 6
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347 Greenwood St
(508) 755-0707 x 793

347 Greenwood St

1/3

Dan May

(508) 755-0707

x793

(508) 755-0707 x793

Meghan Liddy

(508) 635-6797

x797

(508) 635-6797 x797

Todd Alexander

(508) 981-7014

(508) 981-7014

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