237 Cambridge St | Worcester, MA 01603
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- LoopNet Team
237 Cambridge St
Worcester, MA 01603
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CREDIT RATED FORTUNE 500 TENANT ON A CORPORATELY BACKED LEASE
- RECENTLY EXTENDED LEASE SIGNALS TENANT’S LONG-TERM COMMITMENT TO THE SITE
- ASSET QUALIFIES FOR ACELLERATED DEPRECIATION
- ABSOLUTE NET LEASE WITH ZERO LANDLORD RESPONSIBILITIES
- INTERNET, PANDEMIC, AND RECESSION-PROOF TENANT
- LOCATED IN A DENSELY POPULATED AREA WITH 220,000+ RESIDENTS WITHIN 5-MILES OF THE PROPERTY
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,867 SF
Building Class
C
Year Built
1955
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.23 AC
Zoning
BL-1 - Business Limited 1
Parking
2 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
101’ on Cambridge St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | WORC-000007-000016-000034-000036 | Improvements Assessment | $566,400 |
| Land Assessment | $241,600 | Total Assessment | $808,000 |
PROPERTY TAXES
Parcel Number
WORC-000007-000016-000034-000036
Land Assessment
$241,600
Improvements Assessment
$566,400
Total Assessment
$808,000
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