51 Harvard StWorcester, MA 01609

  • Commercial real estate
  • 0.48 AC
For Sale

Property Details for 51 Harvard St

Lot size
0.48 AC
Zone code
BO-1
Property type
Commercial real estate
APN
WORC M:02 B:030 L:00005
APU
WORCM02B030L00005

Description

This exceptional 9,107 square foot executive office building at 51 Harvard Street in Worcester, Massachusetts presents a unique investment opportunity. Situated on a 0.48-acre lot (21,402 sq ft), this well-maintained historic property boasts prime location at the intersection of Harvard and Highland Streets, placing it at the heart of Worcester's vibrant business district. The property benefits from ample on-site parking and meticulously landscaped grounds, creating an unparalleled professional environment. Zoned for opportunity, this building offers significant potential for owner-occupancy or redevelopment. Its strategic location on the edge of the central business district makes it an ideal choice for businesses seeking high visibility and convenient access to city amenities. The building's historic character adds to its unique appeal, offering a blend of charm and modern functionality. This is a rare chance to acquire a substantial property in a thriving urban setting, presenting a compelling investment prospect for discerning buyers. The property's size and location make it suitable for a variety of uses, catering to the needs of both established businesses and forward-thinking developers. Don't miss this chance to own a piece of Worcester's rich history and bright future. The property's existing infrastructure and ample space provide a solid foundation for immediate occupancy or future expansion.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,933,714
    Hospitality
    $3,603,260
    Educational
    $2,997,870
    Medical
    $3,100,972
    Retail
    $4,663,354
51 Harvard St, Worcester, Massachusetts

Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.2712
Longitude
-71.8022
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$35,476
$678,900
$514,500
$1,193,400
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-
-
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FAQs

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