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456 Franklin St 1,449 SF Industrial Building Worcester, MA 01604 $425,000 ($293.31/SF)
Executive Summary
Exceptional opportunity to acquire a highly visible commercial property in Worcester's BG-2 General Business District. Situated on a well-traveled corridor overlooking East Park and the thriving Shrewsbury Street restaurant district, this property offers outstanding exposure and accessibility. The existing 40' x 40' commercial building is complemented by ample on-site parking and enjoys quick access to UMass Chan Medical School, Union Station, downtown Worcester, and I-290. Formerly utilized for vehicle and equipment storage and maintenance, the property presents a variety of potential business, service, contractor, warehouse, showroom, office, or redevelopment opportunities. Strategic location, strong traffic counts, and excellent visibility make this an ideal investment for owner-users, investors, or developers seeking to capitalize on one of Worcester's most dynamic growth corridors. Buyers to perform their own due diligence regarding zoning, permitted uses, redevelopment potential
Property Facts
| Price | $425,000 | Rentable Building Area | 1,449 SF |
| Price Per SF | $293.31 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1935 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 10/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.27 AC | ||
| Zoning | BG-2 | ||
| Price | $425,000 |
| Price Per SF | $293.31 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.27 AC |
| Rentable Building Area | 1,449 SF |
| No. Stories | 1 |
| Year Built | 1935 |
| Tenancy | Single |
| Parking Ratio | 10/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | BG-2 |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WORC-000004-000004-000029 | Improvements Assessment | $21,300 |
| Land Assessment | $133,500 | Total Assessment | $154,800 |
Property Taxes
Parcel Number
WORC-000004-000004-000029
Land Assessment
$133,500
Improvements Assessment
$21,300
Total Assessment
$154,800
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456 Franklin St