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158 Fairhaven Rd 2,928 SF 100% Leased Retail Building Worcester, MA 01606 $1,016,865 CAD ($347.29 CAD/SF)



Investment Highlights
- Versatile property offering two first-floor commercial spaces.
- Features a newer roof.
- Upstairs features a sun-splashed three-bedroom apartment.
- Includes six parking spaces.
Executive Summary
A truly unique mixed-use opportunity in Worcester! This versatile property offers two first-floor commercial spaces, including a legacy hair salon that has been a neighborhood fixture for more than 40 years. The second commercial space has been recently renovated and is ready for its next business or professional use. Upstairs, a sun-splashed three-bedroom apartment provides spacious living quarters with abundant natural light. Whether you're an investor seeking multiple income streams or an owner-occupant looking to operate a business downstairs while living above, this property offers exceptional flexibility and potential. Numerous recent improvements add to its appeal, including a newer driveway, roof, hot water tanks, and additional renovations throughout. A distinctive opportunity to own a well-established mixed-use property with residential and commercial possibilities in one convenient location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,928 SF
Building Class
C
Year Built
1925
Price
$1,016,865 CAD
Price Per SF
$347.29 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.11 AC
Zoning
RL-7
Parking
6 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
58’ on Fairhaven Road
Amenities
- Signage
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WORC-000012-000023-000012A | Improvements Assessment | $240,360 CAD |
| Land Assessment | $145,379 CAD | Total Assessment | $385,738 CAD |
Property Taxes
Parcel Number
WORC-000012-000023-000012A
Land Assessment
$145,379 CAD
Improvements Assessment
$240,360 CAD
Total Assessment
$385,738 CAD
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158 Fairhaven Rd
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