525 Southbridge StWorcester, MA 01610
- Manufacturing properties
- 12,449 SF
Property Details for 525 Southbridge St
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.57 AC
- Property size (Sq ft)
- 12,449 SF
- Zone code
- ML20
- Property type
- Manufacturing properties
- APN
- WORC M:07 B:031 L:00018
- APU
- WORCM07B031L00018
Description
This exceptional 1.34-acre commercial property at 525 Southbridge Street in Worcester, Massachusetts, presents a significant investment opportunity. The site boasts two substantial warehouse buildings, each providing ample space for storage, operations, or a combination thereof. The existing structures offer the potential for interior office space development, allowing for flexible configurations to accommodate a diverse range of business needs. The property's layout is highly adaptable, making it suitable for industrial, warehousing, or mixed-use operations. Its strategic location on Southbridge Street ensures high visibility and significant traffic exposure, benefiting from the area's bustling commercial activity and convenient access to major highways. This combination of size, accessibility, and functionality makes this property an attractive option for businesses seeking a well-positioned facility within Worcester's dynamic commercial corridor. The asking price for this unique opportunity is $1,300,000. The property's size and location offer significant potential for growth and expansion, making it an ideal choice for businesses seeking to establish a strong presence in the Worcester market. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,355,838
- Hospitality
- $2,157,935
- Educational
- $1,795,376
- Medical
- $1,857,122
- Retail
- $2,792,808
Location Insight
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Latitude
- 42.2475
- Longitude
- -71.8106
- 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
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