1103 Main StreetWorcester, MA 01603MLS Number 72926472

  • Price: $1,350,000
  • 47 Days on Market
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Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
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1103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 016031103 Main Street Worcester MA 01603
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  • 0.67Acreage
  • 1960Year Built
Great opportunity to invest in the heart of Worcester. 245' feet of frontage on Main Street,this income producing property has 4 units including car dealership,office and 2 retail spaces with long term tenants. With a traffic count of over 10,000 this land and and location are prime real estate and zoned BG-2. 0.67 acres and 60 parking spots. New roof. Enjoy cash flow now as you plan for the future possibilities of this building. Zoning allows for residential,commercial,student housing,auto repair,retail and so much more.
Listed by Kimberly Rickman of Rickman Realty,Inc.

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More Info

Parking

  • Parking Spaces80
  • Total Parking Spaces80

Building

  • Year Built1960
  • Reu Units4
  • No Buildings1
  • No Of Restrooms4
  • No Stories1
  • Entry OnlyNo
  • Assessed Value Bldg153600

Basic Information

  • MLS Number72926472
  • Prop TypeCI
  • Status Date2022-01-11T20:02:00
  • Date Listed12/08/2021
  • List Price$1,350,000
  • LeaseNo
  • Directionuse gps
  • MLS StatusActive

Utilities

  • UtilitiesPublic Water, Public Sewer

Auction

  • Special FinancingNo

Photos

  • Photo Date2022-01-11T18:12:00
  • Number of Photos13

Other

  • Modification Date2022-01-15T03:05:00
  • Certificate Number101942
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresRental income is $8500/month- Undermarket rents. Potential for rental income to be $11,000/month. Roof (2021),3 units have electric heat and one has oil heat. Tenants pay heat and electricity, landscaping/snowremoval.
  • Book41584
  • Listing AgreementExclusive Right to Sell
  • Ref Bldg Sf6196
  • ExchangeYes
  • Page228
  • View Count16

Location

  • StreetMain Street
  • TownWorcester
  • StateMA
  • Zip01603
  • Zip Code 42063
  • CountyWorcester
  • LocationDowntown

Property

  • Acreage0.67
  • Net Operating Inc80728
  • Space AvailableFor Sale
  • SubletNo
  • Gross Annual Exp21272
  • Lot Size29286
  • Gross Annual Income102000
  • Assessed Value Land273800
  • Main LoAC2259

Your Local Office

Foster-Healey Real Estate, Inc. (Leominster Office)

Foster-Healey Real Estate, Inc. (Leominster Office)

50 Central Street,
Leominster, MA 01453

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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