22 Richmond AveWorcester, MA 01602

  • Auto shops
  • 11,955 SF
For Sale
$2,200,000 View listing

Property Details for 22 Richmond Ave

Year built
1912
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.02 AC
Property size (Sq ft)
11,955 SF
Zone code
RS-7
Property type
Auto shops
APN
WORC M:11 B:023 L:016+A
APU
WORCM11B023L016A

Description

This expansive 1.02-acre commercial property at 22 Richmond Avenue in Worcester, MA, presents a compelling investment opportunity priced at $2,200,000. Currently configured as an oversized garage, the property is in need of rehabilitation, offering significant upside for the right buyer. Its substantial size and versatile layout allow for a wide range of potential uses. Imagine transforming this space into a modern, efficient warehouse, a secure storage facility catering to local businesses, or even a unique retail space. The quiet neighborhood setting offers a peaceful environment while maintaining convenient access to Worcester's infrastructure. The property's substantial size provides ample room for expansion or creative redevelopment, making it an ideal canvas for entrepreneurs and developers seeking to create a valuable asset tailored to their specific needs. Whether your vision involves optimizing the space for industrial use, developing a specialized venue, or creating a high-demand storage solution, this property offers the flexibility to accommodate diverse commercial requirements. This is a chance to acquire a large, adaptable property in a desirable location with the potential for significant return on investment. The property's current condition necessitates renovation, presenting an opportunity to customize the space to meet precise specifications.

22 Richmond Ave, Worcester, Massachusetts

Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.2747
Longitude
-71.8304
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
2024
$24,810
$422,600
$403,300
$825,900
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-
-
-

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