316 Main St

Worcester, MA, 01608

$1,990,000

$1,990,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1900
HISTORIC WORCESTER “HIGH RISE” JUST LISTED! Attractively Priced at $82.00 a Sq. Ft..The (6) story Worcester Five Cent Savings Bank Building is an architecturally and historically significant (24,000+) square foot mixed-use office building located in the heart of Worcester’s resurging Central Business District. Advantageously located (1) block from the Worcester District Court House, and within easy walking distance to parking, fine dining, retail and entertainment. Great way to invest in Worcester’s continued downtown resurgence. Downtown office rents are projected to be stable and increasing as recent office building conversions into apartments reduces available office space for lease. Sizable neighborhood redevelopment investments taking place. Property immediately ready for new owner’s actions, as current owner relocated their businesses from the (4th) and (5th) floors on November 1st, and (6th) floor tenant vacancy will occur November 30th. (40%) historic tax credits available
MLS® ID:
73070323
Listed:
1/11/23
Updated:
3/27/23

Exterior/Building Features

Lot Size
3,580 ft² lot

Other Property Details

Taxes
$37870
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Worcester
Pool
No
Zoning
BG-6
Buyer Agency Compensation
2%
Transaction Broker Compensation
2%

 

Courtesy of Scott Dennett, Keller Williams Realty Leading Edge

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Data last updated 8:57 AM UTC, 3/27/23

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