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Investment Highlights
- SF: 4,251
- Heat: Natural Gas
- Parking: Off Street, Garage
- Zoning: BL-1.0
- Year Built: 1930
Executive Summary
Kelleher & Sadowsky is pleased to present 152 Russell Street for sale, a rare opportunity to acquire a well-located and highly visible mixed-use property in Worcester. Situated in a convenient and well-established area, this property combines strong accessibility, ample street exposure, and flexible zoning that supports a wide range of potential uses.
The building, zoned BL-1.0 (Business, Limited), allows for a variety of professional, medical, office, and residential applications making the property attractive to both owner-occupants and investors interested in stable, income-producing real estate with upside potential.
Currently configured with a professional office on the first floor - the long-time home of the optometrist occupying the space - and two residential apartments on the upper levels, the property offers an ideal mixed-use setup. The residential units provide steady income, while the ground floor space can be re-leased or owner-occupied, presenting multiple strategic options for a new buyer.
Containing approximately 4,251 sq. ft. of gross rentable area, the property is well-suited for continued medical, office, or service-oriented use, or could be repositioned for alternative professional businesses.
This versatile, income-producing property is perfect for a professional practice, owner-user, or mixed-use investor. For additional details or to schedule a private tour of 152 Russell Street, please contact us today.
The building, zoned BL-1.0 (Business, Limited), allows for a variety of professional, medical, office, and residential applications making the property attractive to both owner-occupants and investors interested in stable, income-producing real estate with upside potential.
Currently configured with a professional office on the first floor - the long-time home of the optometrist occupying the space - and two residential apartments on the upper levels, the property offers an ideal mixed-use setup. The residential units provide steady income, while the ground floor space can be re-leased or owner-occupied, presenting multiple strategic options for a new buyer.
Containing approximately 4,251 sq. ft. of gross rentable area, the property is well-suited for continued medical, office, or service-oriented use, or could be repositioned for alternative professional businesses.
This versatile, income-producing property is perfect for a professional practice, owner-user, or mixed-use investor. For additional details or to schedule a private tour of 152 Russell Street, please contact us today.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,251 SF
Building Class
C
Year Built
1930
Price
$795,000
Price Per SF
$187.01
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,417 SF
Building FAR
0.57
Lot Size
0.17 AC
Zoning
BL-1.0 - Business Limited
Amenities
- Signage
1 1
Walk Score®
Very Walkable (87)
Property Taxes
| Parcel Number | WORC-000002-000041-000060 | Improvements Assessment | $356,200 |
| Land Assessment | $88,300 | Total Assessment | $444,500 |
Property Taxes
Parcel Number
WORC-000002-000041-000060
Land Assessment
$88,300
Improvements Assessment
$356,200
Total Assessment
$444,500
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152 Russell St
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