415 Main St 3,495 SF Condo Units Offered at $272,748 CAD Per Unit in Worcester, MA 01608

Primed for investors, owner users, and even redevelopers - observe the unbeatable location of one of the most prominent buildings in Worcester, MA at 415 Main Street. We are pleased to offer both the third and fourth floor condo units available for sale. Both units are currently set up as commercial lab/flex space, but could be redeveloped into virtually any use due to the inclusive zoning district of BG-6. BG-6 is inclusive of residential, office, medical, day-care, food service, manufacturing, R&D, etc. The third floor condo unit (about 3,500 SF) is currently leased to a reputable escape room tenant, at a rate of about $12 PSF gross until 2029. This results in an NOI of about $18,000 and CAP rate of 9%. The fourth floor condo unit at 415 Main St, Worcester (about 3,500) space features a dedicated in-unit reception area, multiple private offices, conference room space, and open work areas that can be configured to suit a variety of layouts and operational needs. Formerly occupied by a laboratory testing facility, the suite is well-suited for users requiring lab-capable infrastructure or specialized buildout, while remaining easily adaptable for traditional office use. DELIVERED VACANT. The building is elevator-served and ideally situated in the center of Downtown Worcester, offering excellent visibility, walkability to restaurants, courthouse, public transportation, and major civic and business amenities. This is a rare opportunity to own or lease a highly functional, centrally located office/lab condo in one of Worcester’s most sought-after commercial locations.