51 Summer St
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51 Summer St
1,680 SF Retail Building Worcester, MA 01608 $575,000 ($342/SF)
Investment Highlights
- Sold with a 14 car dealer license and repair license
- Great central city location
Executive Summary
This well-equipped auto repair shop offers two garage bays perfect for vehicle repairs and servicing. Inside the spacious reception area, complete with a comfortable sitting area for clients. The dedicated office space ensures you can manage operations efficiently. Upstairs, the second level features a bedroom and a versatile storage room, offering convenience for business and personal use. Ideally located near Route 290 and Route 9, this property is just minutes from the Worcester commuter train station and the DCU Center, ensuring easy access and a prime location for business growth. Perfect for entrepreneurs looking for a turnkey operation. Bonus - Property is being sold with a dealer license for 14 cars and a repair license!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Building Size
1,680 SF
Building Class
C
Year Built
1930
Price
$575,000
Price Per SF
$342
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Land Acres
0.18 AC
Opportunity Zone
Yes
Zoning
BG-6 - Business General 6
Parking
22 Spaces (13.1 Spaces per 1,000 SF Leased)
Frontage
72 FT on Summer St
Walk Score ®
Very Walkable (79)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | WORC-000002-000001-000021B | Improvements Assessment | $68,100 (2024) |
| Land Assessment | $140,900 (2024) | Total Assessment | $209,000 (2024) |
PROPERTY TAXES
Parcel Number
WORC-000002-000001-000021B
Land Assessment
$140,900 (2024)
Improvements Assessment
$68,100 (2024)
Total Assessment
$209,000 (2024)
-
John Mulryan -
Lamacchia Realty, Inc
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51 Summer St
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