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74 Water St 5,400 SF Industrial Building Worcester, MA 01604 $975,748 CAD ($180.69 CAD/SF)
INVESTMENT HIGHLIGHTS
- Proximity to dense residential, hospitals, and small businesses means potential demand for services, offices, warehousing or mixed-use.
EXECUTIVE SUMMARY
Opportunity awaits with this versatile warehouse property offering approximately 4,200 square feet of main-level space plus an additional 3,850 square feet in the unfinished basement. Conveniently located in Worcester near major highways, small businesses, hospitals, and dense residential neighborhoods, this property is well-positioned for a variety of commercial uses. Whether you're looking for a space to operate a warehouse, launch a manufacturing business, or redevelop into multiple units, the potential here is substantial. The building does require rehab, making it a great fit for experienced investors or developers ready to add value. The layout lends itself to possible subdivision, opening doors for creative repurposing. With demand growing in Worcester for commercial and mixed-use spaces, this is a smart play in a high-visibility location. Bring your vision and unlock the full potential of this property.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Courtyard
- Storage Space
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | WORC-000004-000021-000003 | Total Assessment | $606,926 CAD (2025) |
| Land Assessment | $211,846 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $395,080 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
WORC-000004-000021-000003
Land Assessment
$211,846 CAD (2025)
Improvements Assessment
$395,080 CAD (2025)
Total Assessment
$606,926 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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74 Water St
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