453-455 Lincoln St - Storefront Retail/Office FOR SALE


Worcester, MA 01605- Booth Apartments
$1,500,000 USD
774-413-0272
453-455 Lincoln St, Worcester, MA for Sale
$1,500,000 USD
Storefront Retail/Office - FOR SALE
1/31
null | Request Cap Rate

453-455 Lincoln St
Worcester, MA 01605
Booth Apartments


HIGHLIGHTS

  • Visibility, flexibility and long term potential in one of Worcester's most dynamic and accessible corridors

OVERVIEW

455 Lincoln Street: A Prime Opportunity for Business Owners and Investors This owner-occupied property at 455 Lincoln Street offers a compelling blend of visibility, flexibility, and long-term potential within one of Worcester's most dynamic and accessible corridors. Key Features & Benefits: High Visibility & Accessibility: Situated on Lincoln Street, the property benefits from significant traffic flow and unbeatable proximity to major amenities, ensuring excellent exposure for any business. Dual Active Storefronts: Two active storefronts provide immediate income potential and flexibility for various business models or tenancy arrangements. Ample Off-Street Parking: With 15 dedicated off-street parking spaces, convenience for customers and employees is assured, a significant advantage in a busy commercial area. Current Income-Generating Use: The property currently houses a 20-seat restaurant and 1,000 square feet of office space, providing immediate cash flow. Flexible Interior Space with Garage Bays:The inclusion of an interior garage space with three large bays, currently used for storage, offers immense flexibility. This space could be converted for various uses, such as: Additional retail or office space Workshop or light industrial use Vehicle repair or detailing Expanded restaurant operations (e.g., catering kitchen, drive-thru potential) Long-Term Potential: The combination of a prime location, versatile space, and established infrastructure positions this property for significant long-term appreciation and diverse future uses. Ideal For: Business Owners: Seeking a highly visible location with existing infrastructure and room for expansion. Investors: Looking for a property with current income, strong growth potential, and adaptability for various tenant types.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$373 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Service, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

BL 1.0

APN/PARCEL ID

WORC-000039-000010-000046

ASK ABOUT THIS PROPERTY

Linda RankinProperty Investors & Advisors, LlcMore Info
774-413-0272

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Linda RankinProperty Investors & Advisors, LlcMore Info
774-413-0272

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