508-635-8259
554 Main St, Worcester, MA for Rent

$21.00-$41.90 USD /SF/yr

Office - For Rent
1/27
759-10,480 SF | 7 Spaces

554 Main St
Worcester, MA 01608
Institute Park


OVERVIEW

554 Main Street is one of downtown Worcester's most recognized commercial addresses—a landmark mixed-use building offering a rare range of office, retail, and restaurant opportunities across multiple floors, at lease rates that represent some of the most competitive occupancy costs in any major New England market. With immediate possession available and a Landlord prepared to partner with the right tenants, 554 Main presents a defining moment to establish a presence in what is increasingly recognized as New England's next major urban market. Office Suites — Second Floor & Full Floor The second-floor suite is a warm lit shell with one existing built-out office, an open floor plan, and the ability to add private offices and conference rooms as needed. Available at $21 PSF Modified Gross with immediate possession. The full floor offers 10,480 SF of contiguous space at $24 PSF MG—available as a single headquarter-scale footprint or demised into multiple suites. Floor plan options are available upon request, and the Landlord is open to a Tenant Improvement Allowance for the right tenant. Both office suites sit within a downtown Worcester market anchored by WPI, UMass Medical, Hanover Theatre, and the Polar Park sports and entertainment district—institutional drivers that have made the city's urban core one of the region's fastest-growing professional destinations. Office Ideal For: Technology startups, attorneys, financial advisory firms, consulting firms, nonprofits, regional corporate headquarters, law firms, architecture and engineering firms, and enterprise organizations seeking a full-floor downtown Worcester presence. Ground-Floor Retail & Restaurant — Suites 4 & 5 Suite 5 is a ground-floor retail and restaurant space with existing bathrooms and utility rough-ins in place, minimizing buildout costs and accelerating time to opening. Available immediately on a NNN basis. Renderings available upon request. Suite 4 is the flagship end-cap opportunity—over 3,000 SF with dual-frontage Main Street visibility and existing bathrooms and utility rough-ins already in place. The end-cap position delivers maximum street exposure and brand visibility for high-traffic restaurant and retail concepts. Both suites benefit from 554 Main's active residential and office density above, plus the broader downtown entertainment ecosystem—Hanover Theatre, DCU Center, and a growing dining and retail corridor—that has made Main Street one of Worcester's most active consumer destinations. Ground Floor Ideal For: Full-service restaurants, upscale casual dining, breweries or taprooms, fast casual concepts, specialty cafés, wine bars, wellness retail, lifestyle boutiques, premium fitness studios, and established operators seeking a signature Worcester address.

RENTAL DETAILS

SPACE AVAILABLE

759-10,480 SF

# OF SPACES

7

RENT RATE (MO)

$1.75-$3.49 USD /SF/mo

RENT RATE (YR)

$21.00-$41.90 USD /SF/yr

LEASE TYPE

Triple Net, Modified Gross

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

77,040 SF

BUILDING CLASS

B

YEAR BUILT

1896

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

BG-6.0 MU Overlay Dist.

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.