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39 Salisbury St
2,000 - 4,400 SF Office Condo Units Offered at $450,000 - $650,000 Per Unit in Worcester, MA 01609
Investment Highlights
- This signature building offers for sale and lease condo units on the lower level and second floor, designed for a single owner.
- Perfect for owner/users and investors, this unrivaled property will raise any business profile with ample parking and best-in-class interior spaces.
- Convenient access to Route 9 and Interstates 290, 190, and 495.
- Enjoy an ideal location at a signalized light adjacent to the Worcester Art Museum along a major thoroughfare at the edge of Worcester's CBD.
- Situated within a minute from Institute Park, the Highland St. corridor, Main St., Salisubury St., Grove St., and Park Ave.
- Ample on-site parking (62 spaces).
Executive Summary
Winner of the "Silver Hammer" Award of Excellence. This historic building, former home of the Worcester Historic Museum, restored with original woodwork, 8' paneled doors, refinished brass/bronze hardware and leaded glass. One of a kind--must be seen to be appreciated by the future new owners. Class and location with ample parking and elevator. 39 Salisbury Street is a landmark professional office building situated at the gateway to the city right on the edge of Worcester's Commercial Business District. Spanning 16,500 square feet across three stories and a lower level, the distinctive character of the building's 1890 construction shines through to occupants and visitors alike. Benefit from a commanding presence along a major thoroughfare with abundant parking across two attached lots, stunning stained-glass and granite walls, and exceptionally maintained common areas, HVAC, and slate roofing. Lower-level and second-floor condo units are available for sale and lease, ideal for accountants, attorneys, architects, mortgage brokers, insurance agencies, and other professional users. Elevate your business profile by occupying either unit as an owner/user or capitalize on this unrivaled investment opportunity to achieve high-cap rate returns by leasing both units at market rates. 39 Salisbury Street is located directly adjacent to the Worcester Art Museum, with exceptional exposure to over 32,000 passing vehicles daily at the signalized corner of Salisbury and Grove Streets. Neighboring points of interest include Institute Park and the Harrington Auditorium and enjoy proximity to the vibrant Highland Street commercial corridor, Main Street and Park Avenue. Convenient access to Route 9 and Interstates 290 and 190 provides efficient travel routes to and from this world-class location.
Property Facts
Price | $450,000 - $650,000 | Floors | 3 |
Unit Size | 2,000 - 4,400 SF | Typical Floor Size | 5,500 SF |
No. Units | 2 | Year Built | 1890 |
Total Building Size | 16,500 SF | Lot Size | 0.89 AC |
Property Type | Office | Parking Ratio | 3.94/1,000 SF |
Building Class | C |
Price | $450,000 - $650,000 |
Unit Size | 2,000 - 4,400 SF |
No. Units | 2 |
Total Building Size | 16,500 SF |
Property Type | Office |
Building Class | C |
Floors | 3 |
Typical Floor Size | 5,500 SF |
Year Built | 1890 |
Lot Size | 0.89 AC |
Parking Ratio | 3.94/1,000 SF |
2 Units Available
Unit 200
Unit Size | 4,400 SF | Sale Type | Investment or Owner User |
Price | $650,000 | Cap Rate | 6.00% |
Price Per SF | $147.73 | NOI | $39,000 |
Condo Use | Office |
Unit Size | 4,400 SF |
Price | $650,000 |
Price Per SF | $147.73 |
Condo Use | Office |
Sale Type | Investment or Owner User |
Cap Rate | 6.00% |
NOI | $39,000 |
Description
Most elegant historic condo office buildings.
Sale Notes
Office condo for sale in historic building in Worcester, MA.
Unit LLS
Unit Size | 2,000 SF | Sale Type | Investment or Owner User |
Price | $450,000 | Cap Rate | 6.00% |
Price Per SF | $225.00 | NOI | $27,000 |
Condo Use | Office | No. Parking Spaces | 8 |
Unit Size | 2,000 SF |
Price | $450,000 |
Price Per SF | $225.00 |
Condo Use | Office |
Sale Type | Investment or Owner User |
Cap Rate | 6.00% |
NOI | $27,000 |
No. Parking Spaces | 8 |
Description
Two feet below ground grade, floors are two feet down from outside grade, full height windows.
Sale Notes
Office condo for sale in historic building in Worcester, MA.
Amenities
- Reception
- Wi-Fi
zoning
Zoning Code | BG-6 (General Business zoning allows for a wide variety of business uses. This space is in a commercial area.) |
BG-6 (General Business zoning allows for a wide variety of business uses. This space is in a commercial area.) |
Presented by
39 Salisbury St
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