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401-407 Main St 4,784 SF Retail Condo Unit Offered at $826,422 CAD in Worcester, MA 01608
Investment Highlights
- Located in the heart of downtown.
- Surrounded by established businesses.
- Well-suited for quick-service or fast-casual restaurant concepts.
- Positioned within a growing urban core.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
An oversized retail condominium in the heart of downtown Worcester offering more than 3,000 square feet on the main level, along with valuable additional space in the basement for storage and operations. Originally built for McDonald's and occupied by a pizza restaurant for approximately 15 years, the property is well suited for another quick-service or fast-casual restaurant concept.
Sale Notes
Excellent opportunity to acquire an oversized retail condominium in the heart of downtown Worcester. The unit offersmore than 3,000 square feet on the main level, along with valuable additional space in the basement for storage and operations. Originally built for McDonald’s and occupied by a pizza restaurant for approximately 15 years, the property is well suited for another quick-service or fast-casual restaurant concept, as well as a variety of retail uses. Surrounded by established businesses, ongoing development, and continued investment throughout downtown Worcester, this property presents an exciting opportunity for an owner-operator or investor looking to establish a presence in the city’s growing urban core.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Unit 2 | 4,784 SF | Retail | $826,422 CAD ($172.75 CAD/SF) | - |
Unit Unit 2
| Unit Size |
| 4,784 SF |
| Condo Use |
| Retail |
| Price |
| $826,422 CAD ($172.75 CAD/SF) |
| NOI |
| - |
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Unit Unit 2
| Unit Size | 4,784 SF |
| Condo Use | Retail |
| Price | $826,422 CAD ($172.75 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Description | |
| An oversized retail condominium in the heart of downtown Worcester offering more than 3,000 square feet on the main level, along with valuable additional space in the basement for storage and operations. Originally built for McDonald's and occupied by a pizza restaurant for approximately 15 years, the property is well suited for another quick-service or fast-casual restaurant concept. | |
| Sale Notes | |
| Excellent opportunity to acquire an oversized retail condominium in the heart of downtown Worcester. The unit offersmore than 3,000 square feet on the main level, along with valuable additional space in the basement for storage and operations. Originally built for McDonald’s and occupied by a pizza restaurant for approximately 15 years, the property is well suited for another quick-service or fast-casual restaurant concept, as well as a variety of retail uses. Surrounded by established businesses, ongoing development, and continued investment throughout downtown Worcester, this property presents an exciting opportunity for an owner-operator or investor looking to establish a presence in the city’s growing urban core. |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 39,500 SF | Year Built | 1890 |
| Property Type | Office (Condo) | Lot Size | 0.03 AC |
| Building Class | B | Parking Ratio | 0.05/1,000 SF |
| Floors | 4 | Opportunity Zone |
Yes
|
| Typical Floor Size | 9,875 SF | ||
| Zoning | BG-6 - typically refers to a zoning district that allows for a wide range of commercial and business activities with a focus on serving a larger regional mar | ||
| Total Building Size | 39,500 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 9,875 SF |
| Year Built | 1890 |
| Lot Size | 0.03 AC |
| Parking Ratio | 0.05/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | BG-6 - typically refers to a zoning district that allows for a wide range of commercial and business activities with a focus on serving a larger regional mar |
Amenities
- Bus Line
- Controlled Access
- Security System
Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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401-407 Main St
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