205 Hope Ave 2 Acres of Commercial Land in Worcester, MA 01603
INVESTMENT HIGHLIGHTS
- Heavy Traffic at busy Rotary
- Convienant Access to I-290
EXECUTIVE SUMMARY
Prime +/- 2 Acre Redevelopment Site for sale
The property is located at a heavily trafficked rotary at the intersection of Hope Ave and Webster St, Worcester. The location is directly adjacent to I-290 North onramp at the Auburn/Worcester line.
Ideal users are single or multi-use retail redevelopment, or owner-occupied investment.
5 Total Buildings are currently on site.
The largest building on site is a 2,405 sq ft former Liquor store with an active liquor license in place with the City/State.
Other existing buildings: 783 Sq Ft small restaurant use, 1,798 Bakery User, 1,205 Sq Ft restaurant use, and 423 sq ft barbershop.
Traffic Counts: Hope Ave: 16,000 AADT
The property is located at a heavily trafficked rotary at the intersection of Hope Ave and Webster St, Worcester. The location is directly adjacent to I-290 North onramp at the Auburn/Worcester line.
Ideal users are single or multi-use retail redevelopment, or owner-occupied investment.
5 Total Buildings are currently on site.
The largest building on site is a 2,405 sq ft former Liquor store with an active liquor license in place with the City/State.
Other existing buildings: 783 Sq Ft small restaurant use, 1,798 Bakery User, 1,205 Sq Ft restaurant use, and 423 sq ft barbershop.
Traffic Counts: Hope Ave: 16,000 AADT
PROPERTY FACTS
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 2.09 AC |
| Cross Streets | Webster St |
| Zoning | BL-1 - Business |
1 LOT AVAILABLE
Lot
| Lot Size | 2.00 AC |
Prime +/- 2 Acre Redevelopment Site for sale
1 of 1
PROPERTY TAXES
| Parcel Number | WORC-000027-000004-000001 | Improvements Assessment | $503,900 |
| Land Assessment | $338,700 | Total Assessment | $842,600 |
