173 Grove St 12,615 SF 100% Leased Flex Building Worcester, MA 01605 $1,850,000 ($146.65/SF)

INVESTMENT HIGHLIGHTS

  • Excellent highway access
  • On-site parking
  • Excellent walkability to numerous amenities

EXECUTIVE SUMMARY

Kelleher & Sadowsky Associates, Inc. is pleased to offer a unique investment opportunity at 173 Grove Street, Worcester, Massachusetts. This highly visible property benefits from strong traffic counts along Grove Street and is conveniently located within walking distance to numerous amenities on Grove Street, Park Avenue, and West Boylston Street — including the newly developed Trolley Yard retail center. The site offers excellent highway accessibility with close proximity to Route 9, I-190, and I-290.
The main building comprises approximately 11,500 square feet across two floors and is currently occupied by five tenants on short-term leases, providing immediate income potential with future flexibility for an end user. Addition-ally, the property includes four fully leased out-buildings situated at the rear of the lot, which produces additional income as well.
The entire property is being offered as-is, with short-term rental agreements in place, making it ideal for either an owner-user or an investor seeking a well-located, adaptable asset. Detailed lease and financial information are available upon request - contact us today to schedule a tour.

PROPERTY FACTS

Price $1,850,000
Price Per SF $146.65
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Lot Size 0.83 AC
Rentable Building Area 12,615 SF
No. Stories 2
Year Built 1950
Parking Ratio 3.49/1,000 SF
Clear Ceiling Height 12’
Opportunity Zone Yes
Zoning Commercial - Industrial/ light manufacturing

AMENITIES

  • Bus Line
  • Signage

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Glorious Anchor of Life Ministries
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Glorious Anchor of Life Ministries - - $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (77)

PROPERTY TAXES

  • Listing ID: 35994073

  • Date on Market: 5/27/2025

  • Last Updated:

  • Address: 173 Grove St, Worcester, MA 01605