4 Quinsigamond AveWorcester, MA 01608
- Other commercial real estate
- 44,516 SF
Property Details for 4 Quinsigamond Ave
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.31 AC
- Property size (Sq ft)
- 44,516 SF
- Zone code
- MG-2
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- WORC M:05 B:012 L:16-21
- APU
- WORCM05B012L1621
Description
This exceptional Worcester County warehouse offers 16,000 square feet of immediately available space within a larger 44,416 square foot building. Boasting a convenient location with easy access to Routes 146 and 290, this property is situated near Worcester's Polar Park, the Canal District, and Kelly Square, benefiting from the surrounding new development. The building features 14' to 16' ceiling heights, providing ample vertical space for various industrial uses. Loading is facilitated by two dock-high doors and one drive-in door, ensuring efficient goods movement. The property is equipped with three-phase, 480V power, suitable for a range of industrial operations. This multi-tenant building is zoned MG-2.0, and its rich history as the former home of the Worcester Lunch Car Company adds a unique character to this already desirable location. The available space presents a significant opportunity for businesses seeking a well-connected and spacious warehouse in a thriving urban environment. This is a rare opportunity to lease space in a historically significant building with modern functionality and excellent access to major transportation arteries. Contact us to learn more about this exceptional property and its potential to meet your business needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,818,942
- 6.5%
- $9,986,716
- 7%
- $9,273,379
-
Comparable approach
- Method
- Valuation
- Relative Method
- $14,657,481
- Geo Method
- $14,657,481
-
Alternative Use
- Use
- Valuation
- Residential
- $8,424,168
- Hospitality
- $7,716,493
- Educational
- $6,420,032
- Medical
- $6,640,826
- Retail
- $9,986,716
Location Insight
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Latitude
- 42.2531
- Longitude
- -71.8067
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
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