1 Brussels StWorcester, MA 01610

Property Details for 1 Brussels St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.15 AC

Property size (Sq ft)

67,205 SF

Zone code

MG-2

Property type

Warehouses

APN

WORC M:07 B:051 L:00007

APU

WORCM07B051L00007

Description

This exceptional 50,730-square-foot self-storage facility in Worcester, MA, presents a compelling investment opportunity. Built in 2023, this single-building property sits on 1.15 acres (APN 53418) at 1 Brussels St, 01610, and boasts 517 climate-controlled units, currently operating at 57% occupancy. The average unit size is 98 square feet. The facility benefits from its strategic location, adjacent to Interstate 290 (85,069 average daily traffic), and just 1.3 miles from downtown Worcester. This prime location is supported by a strong demographic profile: 243,444 people reside within a 5-mile radius, boasting an average household income of $96,095. The area also benefits from a substantial student population of approximately 35,000 from nearby colleges and universities. Construction features include asphalt drives, brick construction, an on-site office, and robust security measures. This multi-story facility offers a blend of modern amenities and a prime location, making it an attractive investment prospect. The property is a converted historical building.

• Alternative Use

  Use

  Valuation

  Residential

  $12,717,815

  Hospitality

  $11,649,450

  Educational

  $9,692,205

  Medical

  $10,025,535

  Retail

  $15,076,764

Location Insight

City

Worcester

County

Worcester

State

Massachusetts

Latitude

42.2417

Longitude

-71.8142

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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