Development Site/Turn Key Office/Economic Opportunity Zone

Office for Sale
Also listed as Vacant Land
Catylist Listing ID: 30508486
Property Subtypes: Office Building
Building Size (RSF): 7,500 SF
Gross Building Area: 8,500 SF
Gross Land Area: 20,615 SF
Sale Price: $999,900
Unit Price: $133.32 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2022

Overview / Comments

Minutes to Polar Field/Woosox. Economic Opportunity Zone property.

Office Space or Development opportunity on busy Hammond Street. Additional land available. See agent for details.

Three parcels. 7/9/11A Hammond. Possible buildable lot.

Existing building is meticulously restored Victorian with office suites, owner's apartment, retail space lower level and 30 plus cars off street parking.

Location is between Main South and Southbridge Street. Close to Holy Cross, Worcester Polytech, Clark University, minutes to downtown. Easy access to 291/146/MassPike.

Great 1031 opportunity to land bank for future development.

Additional Details

Nearest MSA: Worcester
County: Worcester
Tax ID/APN: 06_030_00011
Property Located Between: Main Street and Southbridge Street
Property Visibility: Excellent
Highway Access: Route 290, 146, Mass Pike
Zoning Description: BL-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 42,078 155,887 234,994
Median Age: 31.72 34.24 36.43
Households: 15,463 58,212 89,907


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