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Executive Summary
Kelleher & Sadowsky Associates is pleased to present 4 Lancaster Terrace in Worcester as available for sale. The building features multiple private offices, conference space, kitchen areas, and restrooms throughout, providing a functional environment for a variety of professional uses. The upper level provides additional office space that can be occupied by a single user or configured as a separate suite for future growth. With off-street parking, excellent accessibility, and a central location, 4 Lancaster Terrace presents an ideal opportunity for businesses looking to establish a presence in Worcester.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,234 SF
Building Class
B
Year Built/Renovated
1935/1999
Price
$599,000
Price Per SF
$185.22
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,000 SF
Slab To Slab
9’
Building FAR
0.82
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
BG-2
Parking
10 Spaces (3.33 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WORC-000001-000001C-000028 | Improvements Assessment | $151,000 |
| Land Assessment | $190,400 | Total Assessment | $341,400 |
Property Taxes
Parcel Number
WORC-000001-000001C-000028
Land Assessment
$190,400
Improvements Assessment
$151,000
Total Assessment
$341,400
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