342 W Boylston St - Freestanding FOR SALE


Worcester, MA 01606- Greendale
$875,000 USD
508-635-8259
342 W Boylston St, Worcester, MA for Sale
$875,000 USD
Freestanding - FOR SALE
1/18
null | Request Cap Rate

342 W Boylston St
Worcester, MA 01606
Greendale


OVERVIEW

Rare redevelopment and value-add opportunity. This 3,360 sq.ft former fast-food retail building presents an excellent repositioning opportunity for investors, developers, or owner-users. The existing structure requires renovation and is well suited for restaurant, retail, or office use. In addition, the property benefits from completed approvals and development proposals for a 24-unit multifamily project, offering significant long-term upside for residential redevelopment. Located in a highly affluent commercial corridor with convenient access to a major highway, the property is surrounded by strong economic drivers including an Amazon distribution center, Chase Bank, and numerous national and regional food franchises. The combination of redevelopment potential, strong demographics, and proximity to major employers makes this a compelling opportunity for investors seeking long-term growth in a high-demand area.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

BL-1

APN/PARCEL ID

WORC-000012-000007-000009

ASK ABOUT THIS PROPERTY

James KalogeropoulosRE/MAX PartnersMore Info
508-635-8259

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James KalogeropoulosRE/MAX PartnersMore Info
508-635-8259

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