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399 Shrewsbury St
Worcester, MA 01604
Retail Property For Sale
Executive Summary
Rare Offering in a Highly Desirable Location! This fully leased two-unit mixed-use building presents an outstanding opportunity for investors seeking steady, passive income. Situated on a heavily traveled street with excellent visibility, the property is surrounded by major hospitals, colleges, and a variety of thriving local businesses—ensuring a strong draw for both commercial and residential tenants. The building offers off-street parking for added convenience and long-term appeal. Opportunities like this seldom hit the market—secure a low-maintenance asset in one of the area’s most sought-after investment locations.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,131 SF
Building Class
C
Year Built
1920
Price
$900,000
Price Per SF
$795.76
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.23
Lot Size
0.11 AC
Zoning
MG-2
Parking
2 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
27’ on Shrewsbury St
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | WORC-000016-000024-000024A | Improvements Assessment | $170,800 |
| Land Assessment | $27,900 | Total Assessment | $198,700 |
Property Taxes
Parcel Number
WORC-000016-000024-000024A
Land Assessment
$27,900
Improvements Assessment
$170,800
Total Assessment
$198,700
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