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100 Thomas St 0.65 Acres of Commercial Land Offered at $3,000,000 in Worcester, MA 01608
Investment Highlights
- For Sale at $3 mil. For Lease at $180,000 NNN. Build-to-Suit available.
Executive Summary
Property Facts
| Price | $3,000,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| Sale Condition | Lease Option | Total Lot Size | 0.65 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | BG-6 - Worcester’s most favorable zoning, which general uses include hotel, office, food service, and multifamily allowed by right. | ||
| Price | $3,000,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Lease Option |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.65 AC |
| Opportunity Zone |
Yes |
| Zoning | BG-6 - Worcester’s most favorable zoning, which general uses include hotel, office, food service, and multifamily allowed by right. |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 0.65 AC |
| Price Per AC | $4,615,384.62 |
| Price | $3,000,000 |
| Price Per AC | $4,615,384.62 |
| Lot Size | 0.65 AC |
Located on the main gateway into downtown Worcester (exit 20 off I-290) and two blocks to Main Street, 100 Thomas Street is one block from the DCU Center and Convention center, directly across the street from 100 MLK Jr. Blvd Medical Office Building.
Description
This parcel is a rare opportunity to be within one block of the DCU Center, a multi-purpose venue comprised of a 14,800-seat arena and attached convention center, host to concerts, sporting events, and family shows, conventions, trade shows, private banquets, meetings, graduations, proms, and competition space. Located within an opportunity zone, allowing for tax deferred reinvestment of capital gains. For Sale at $3 mil. For Lease at $180,000 NNN. Build-to-Suit available
Property Taxes
| Parcel Number | WORC-000002-000005-000007-000009 | Improvements Assessment | $0 |
| Land Assessment | $338,300 | Total Assessment | $338,300 |
Property Taxes
Presented by
100 Thomas St
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