173 Grove St - Light Manufacturing FOR SALE


Worcester, MA 01605- Forest Grove
$1,850,000 USD
508-450-4271
173 Grove St, Worcester, MA for Sale
$1,850,000 USD
Light Manufacturing - FOR SALE
1/4
null | Request Cap Rate

173 Grove St
Worcester, MA 01605
Forest Grove


HIGHLIGHTS

  • Excellent highway access
  • Excellent walkability to numerous amenities
  • On-site parking

OVERVIEW

Kelleher & Sadowsky Associates, Inc. is pleased to offer a unique investment opportunity at 173 Grove Street, Worcester, Massachusetts. This highly visible property benefits from strong traffic counts along Grove Street and is conveniently located within walking distance to numerous amenities on Grove Street, Park Avenue, and West Boylston Street — including the newly developed Trolley Yard retail center. The site offers excellent highway accessibility with close proximity to Route 9, I-190, and I-290. The main building comprises approximately 11,500 square feet across two floors and is currently occupied by five tenants on short-term leases, providing immediate income potential with future flexibility for an end user. Addition-ally, the property includes four fully leased out-buildings situated at the rear of the lot, which produces additional income as well. The entire property is being offered as-is, with short-term rental agreements in place, making it ideal for either an owner-user or an investor seeking a well-located, adaptable asset. Detailed lease and financial information are available upon request - contact us today to schedule a tour.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.83

LAND SF

36,155

ZONING

Commercial

APN/PARCEL ID

WORC-000001-000001D-000011-000012

ASK ABOUT THIS PROPERTY

Jim CozzaKelleher & Sadowsky Associates, Inc.More Info
508-450-4271

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Jim CozzaKelleher & Sadowsky Associates, Inc.More Info
508-450-4271

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.