For Sale
$895,000

1015 Pleasant StWorcester, MA 01602

6,528 SF, 3-story building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 6,528 square foot mixed-use building, located at 1015 Pleasant Street in Worcester, Massachusetts, presents a unique investment opportunity. Built in 1980, this three-story Class B property sits on a 0.83-acre lot and offers 25 parking spaces, a significant advantage in a bustling urban area. Currently configured as a blend of executive office space and apartment units, the property is zoned RS-7, allowing for a diverse range of uses, including family day cares, group residences, religious and educational facilities, and other non-profit operations (special permits required for certain uses). The first floor is occupied by The Heartwell Institute, while the upper floors feature short-term rental units, providing existing income streams. The property benefits from a high-traffic location, exceeding 12,000 vehicles daily, ensuring excellent visibility and accessibility. The well-maintained exterior and landscaping enhance the curb appeal. Detailed financial statements are available upon request. This property offers significant potential for value-add improvements and flexible layout to accommodate various office needs, making it an attractive investment for owner-users seeking a versatile and strategically located asset in the thriving Worcester area. The asking price is $895,000.

Highlights

  • 6,528 SF mixed-use building, ideal for office use.
  • 1980 construction with modern amenities.
  • RS-7 zoning allows diverse uses, including office, daycare, and residential (special permits may be required).
  • Prime Worcester location with high traffic visibility.
  • 25 parking spaces on a 0.83-acre lot.
  • Well-maintained building and landscaping.

Property Details for 1015 Pleasant St

Property type
Office properties, Mixed-use properties
Square Feet
6,528 SF
Class
B
Year Built
1980
Stories
3
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.279126
Longitude
-71.8449213
1015 Pleasant St, Worcester, Massachusetts

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1015 Pleasant St
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