For Sale
$3,000,000

286 Pleasant StWorcester, MA 01609

High-yield Dollar Tree investment opportunity.

Overview

Added:
Feb 3
Days on market:
71
This exceptional commercial property at 286 Pleasant Street, Worcester, MA, presents a compelling investment opportunity. The 0.57-acre lot features a 13,000 square foot building currently leased to Dollar Tree until August 2025. The lease has no remaining options. The property's strategic location in the heart of Worcester offers significant advantages. It's within walking distance of Worcester Common and the DCU Center, providing excellent visibility and accessibility. The property boasts a total parcel size of 25,785 square feet. The flexible zoning (BG-3 and RG-5) allows for a diverse range of future uses, including residential development or a hotel, presenting significant potential for long-term value appreciation. This presents a rare chance to acquire a well-located, income-producing asset in a thriving urban market characterized by limited supply. The current tenant provides immediate cash flow, while the zoning flexibility opens doors to future development possibilities, making this an attractive investment for both short-term and long-term gains. The asking price for this prime Worcester property is $3,000,000. This is a unique opportunity to capitalize on the dynamic Worcester real estate market.

Property Details for 286 Pleasant St

Property type
Commercial real estate
Year Built
1955
Lot Size (sq. ft)
24,829 SF

Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.26381
Longitude
-71.81197
286 Pleasant St, Worcester, Massachusetts

FAQs

What type of property is this?
Commercial real estate - High-yield Dollar Tree investment opportunity.
Where is the commercial real estate located?
The property is located at 286 Pleasant St Worcester, MA.
What is the asking price?
The asking price for this property is $3,000,000.
How can I contact the broker?
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286 Pleasant St
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