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18-20 Lewis St 8,100 SF Industrial Building Worcester, MA 01610 $1,086,833 CAD ($134.18 CAD/SF) 11.25% Cap Rate
Investment Highlights
- Multiple zoning uses allowed
- Proximity to Holy Cross College
- Ideal for office, clinic, or retail
Executive Summary
Young Commercial Building for Sale. Currently occupied, but can be deliver vacant. Some types of uses per zoning code Allowed by Right Dormitory, Multi-family dwelling, low rise, Urban Farm, Clinic Club, lodge, other private grounds (non-profit and private)Library/Museum (non-profit) (profit)Licensed hospital, Sanitarium Non-accessory residential parking Non-residential parking facility (non-accessory)Nursing or convalescent home/institution/facility Personal Wireless Service Facilities Interior-Mounted and Side Mounted Place of worship Recreational/service facility (nonprofit)Religious or educational use (EXEMPT)(See MA General Law)Schools (K-12, college, University, technical institute) non-profit Transformer, pumping station, substation, telephone exchange Funeral undertaking establishment In-door recreation, health club profit Office, general (travel agency, auto driving school) Service shop, personal services
Property Facts
| Price | $1,086,833 CAD | Lot Size | 0.51 AC |
| Price Per SF | $134.18 CAD | Rentable Building Area | 8,100 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 11.25% | Year Built | 1986 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.23/1,000 SF |
| Zoning | BL-1 - Neighborhood Business District, which is intended for small commercial areas that provide basic goods and personal services for nearby residents | ||
| Price | $1,086,833 CAD |
| Price Per SF | $134.18 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 11.25% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.51 AC |
| Rentable Building Area | 8,100 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Tenancy | Single |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | BL-1 - Neighborhood Business District, which is intended for small commercial areas that provide basic goods and personal services for nearby residents |
Utilities
- Lighting
- Gas
- Water
- Sewer - City
- Heating
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $787,849 CAD | |
| Land Assessment | $211,865 CAD | Total Assessment | $999,714 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$211,865 CAD
Improvements Assessment
$787,849 CAD
Total Assessment
$999,714 CAD
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18-20 Lewis St
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