19 Kelley Sq - Storefront Retail/Residential FOR SALE


Worcester, MA 01610- Green Island
$849,000 USD
508-450-4271
19 Kelley Sq, Worcester, MA for Sale
$849,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

19 Kelley Sq
Worcester, MA 01610
Green Island


OVERVIEW

Drew Higgins and James Cozza of Kelleher & Sadowsky Associates, Inc. are pleased to present 19 Kelley Square for sale; a ±3,360 SF three-story mixed-use retail/residential building located in the heart of Worcester’s vibrant Canal District. The first floor is occupied by Che! Empanada, operating under a five (5) year lease. The upper floors feature two (2) three-bedroom apartments, currently leased at $1,400/month and $1,800/month, providing steady rental income for investors. These rents are well below market and have tremendous upside for increased income of the property. Projected rents for each apartment can range from $2,200 to $2,400 per month. Situated on the highly visible corner of Kelley Square, the property offers unmatched proximity to Polar Park, Downtown Worcester, and major routes including I-290, I-190, I-90, and Route 146. Zoned General Business (BG-3.0), this property presents an excellent opportunity for an investor to own a property in the up-and-coming Kelley Square neighborhood and Ballpark District. Contact us today for additional information or to schedule a private tour.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,855 SF

ZONING

BG-3

APN/PARCEL ID

WORC-000004-000038-000034

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 Notice.