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Kelly Square Portfolio 3 biens • Worcester, MA


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Faits saillants de l'investissement
- Rare Canal District assemblage at scale
- Revenue-generating parking operation
- Near-term expense reduction
- Rare Canal District assemblage at scale
- Strong in-place income with defined value-add pipeline
- Polar Park and the Peanut
Résumé de l'annonce
The Kelley Square Portfolio is a three-building, 47,000 SF mixed-use assemblage on one acre in Worcester's Canal District, comprising 1 Kelley Square, 121-129 Water Street, and 126 Water Street. The portfolio generates approximately $71,500 per month across more than 25 tenants, with a defined path to $86,000 per month through near-term lease-up of available space. Institutional-credit tenancy anchors the rent roll, and the gated parking operation contributes over $95,000 annually with undeveloped upside to over $150,000.
What distinguishes this offering beyond the real estate itself is its context. The Kelley Square Portfolio is available alongside additional Canal District properties — parking, residential, mixed-use, and commercial buildings, and parking lots with development potential — giving a buyer the ability to assemble an ownership position of unprecedented scale in a submarket that is actively transforming. Polar Park, sustained new construction, and accelerating institutional capital are driving the District. Opportunities to acquire at this scale, in this location, at this moment in the market's trajectory do not come around twice.
What distinguishes this offering beyond the real estate itself is its context. The Kelley Square Portfolio is available alongside additional Canal District properties — parking, residential, mixed-use, and commercial buildings, and parking lots with development potential — giving a buyer the ability to assemble an ownership position of unprecedented scale in a submarket that is actively transforming. Polar Park, sustained new construction, and accelerating institutional capital are driving the District. Opportunities to acquire at this scale, in this location, at this moment in the market's trajectory do not come around twice.
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Faits sur la propriété
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Taille totale du bâtiment | 48 304 pi² |
| Nombre de propriétés | 4 | Superficie totale du terrain | 0,62 AC |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 4 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 48 304 pi² |
| Superficie totale du terrain | 0,62 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 1 Kelley Sq, Worcester, MA 01610 | Bureau | 25 140 pi² | 1920 | - |
| 121-129 Water St, Worcester, MA 01604 | Commerce de détail | 19 056 pi² | 1900 | - |
| 126 Water St, Worcester, MA 01604 | Commerce de détail | 4 108 pi² | 1930 | - |
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Kelly Square Portfolio
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