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MASSIVE CORNER LOT PACKAGE SALE in Downtown Worcester! Two adjoining corner parcels. 14,200+ SF of land. Offered at just $169 per SF of land. Underwritten at a POWERFUL 11.5% PRO FORMA CAP RATE ACROSS BOTH LOTS. 703–711 Main St is extensively renovated. Street-level retail is occupied on a modified gross lease by an expanding restaurant, thriving mini-mart, and a beloved neighborhood 14-chair barbershop producing $117,600 with clear upside.The entire second floor was COMPLETELY GUT RENOVATED IN 2025. 14 giant bedrooms. 3 kitchens. 3 full baths. 100% new HVAC, plumbing, and electrical. Approved rooming house license in place! Projected residential income of $184,800 annually. This is true income-producing urban infill in the heart of downtown Worcester. Immediate yield. Efficient basis. Long-term redevelopment and density upside. Assets like this almost never come to market. Move quickly.
General Information for 709 Main St Worcester, MA 01610 |
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| Town | Worcester |
| County | Worcester |
| Stories | 2 |
| SQFT | 10,668 |
| Status | Available |
| Listing Number | 73463464 (MLSPIN) |
Rooms Information for 709 Main St Worcester, MA 01610 |
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Interior Information for 709 Main St Worcester, MA 01610 |
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Exterior Information for 709 Main St Worcester, MA 01610 |
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| Lot Size | 0.33 acres |
| Lot Description | Corner Lot |
| Construction | Brick |
| Parking | Spaces: 25 Off Street Paved |
| Lot | Corner Lot |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 709 Main St Worcester, MA 01610 |
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| Neighborhood Amenities | Public Transportation Shopping Park Walk/Jog Trails Golf Medical Facility Laundromat Highway Access House of Worship Private School Public School T-Station University |
Miscellaneous Information for 709 Main St Worcester, MA 01610 |
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| Year Built | 1920 |
| Association Fee | 0 |
| Taxes | $26,459 /Yr |
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| Condo | Data |
|---|---|
| Units | 4,690 |
| Avg Price | $946,301 |
| Avg Days Listed | 133 |
| Total New Listings | 0 |
| House | Data |
|---|---|
| Units | 7,579 |
| Avg Price | $1,198,783 |
| Avg Days Listed | 119 |
| Total New Listings | 2 |
| Multi-Family | Data |
|---|---|
| Units | 1,668 |
| Avg Price | $1,371,390 |
| Avg Days Listed | 136 |
| Total New Listings | 7 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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