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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
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
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.

Welcoming Reception Area
Beautiful Stained Glass Wall
View Photo Welcoming Reception Area
View Photo Beautiful Stained Glass Wall

Unit LLS

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.

Lower Level General Office Space
Modern Space with Hints of History
Lower Level Conference Room
Lower Level Office Space
Lower Level Office Space

+2 More

General Office and Collaboration Area
View Photo Lower Level General Office Space
View Photo Modern Space with Hints of History
View Photo Lower Level Conference Room
View Photo Lower Level Office Space
View Photo Lower Level Office Space
View Photo General Office and Collaboration Area
View Photo Windows Give the Offices and Open Feeling
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

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.)
  • Listing ID: 27069897

  • Date on Market: 11/8/2022

  • Last Updated:

  • Address: 39 Salisbury St, Worcester, MA 01609

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