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The Grid District 50 Franklin St 6,120 - 12,938 SF of Retail Space Available in Worcester, MA 01608
Highlights
- Prime downtown Worcester location, just steps from City Hall, Worcester Common, Mercantile Center, and Union Station.
- Features a modern lobby and on-site security for a professional impression.
- Professionally renovated office space in a notable mixed-use building with a polished design.
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Located on the ground floor of a prominent 250-unit residential building, the restaurant space at 50 Franklin Street offers a prime downtown Worcester location with exceptional visibility and built-in foot traffic. The fully built-out space features two restaurant areas, full bar setups with 30 tap lines, high-end sound and lighting, and is ADA accessible with additional parking. Flexible layouts and immediate availability make it ideal for catering, ghost kitchen, or entertainment concepts in a vibrant residential and commercial hub.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Prime downtown Worcester location
- Full bar setups, 30 tap lines
- Fully Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Two built-out restaurant spaces
- ADA accessible, extra parking
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor | 6,120 SF | 5-10 Years | $18.00 /SF/YR $1.50 /SF/MO $110,160 /YR $9,180 /MO | Retail | Full Build-Out | Now |
1st Floor
| Size |
| 6,120 SF |
| Term |
| 5-10 Years |
| Rental Rate |
| $18.00 /SF/YR $1.50 /SF/MO $110,160 /YR $9,180 /MO |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Located on the ground floor of a prominent 250-unit residential building, the restaurant space at 50 Franklin Street offers a prime downtown Worcester location with exceptional visibility and built-in foot traffic. The fully built-out space features two restaurant areas, full bar setups with 30 tap lines, high-end sound and lighting, and is ADA accessible with additional parking. Flexible layouts and immediate availability make it ideal for catering, ghost kitchen, or entertainment concepts in a vibrant residential and commercial hub.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Prime downtown Worcester location
- Full bar setups, 30 tap lines
- Fully Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Two built-out restaurant spaces
- ADA accessible, extra parking
Prime Downtown Worcester Event & Entertainment Venue. A Rare Turn-Key Opportunity for an Experienced Hospitality, Events or Entertainment Operator. Position your concept in the heart of Downtown Worcester on Franklin Street at Franklin & Portland Streets overlooking Worcester Common. This exceptional second-generation space offers up to approximately 6,818 SF with subdivision flexibility and the infrastructure to support multiple revenue streams. The space features a fully built-out commercial kitchen, state of the art pizza oven with open/prep kitchen, bar with approximately 40 tap lines, dedicated event space, and a separate state-of-the-art theater/entertainment component. The venue is positioned to generate revenue through food and beverage, weddings, corporate events, conferences, private celebrations, ticketed entertainment, brand activations, and full or partial buyouts—creating the potential for diversified and recurring cash flow. Ideal for an upscale event and conference center, cocktail lounge, members-style club, theater and entertainment venue, or hybrid restaurant and entertainment concept, the existing infrastructure can significantly reduce the time and expense of building a hospitality destination from the ground up. The property is part of a prominent mixed-use building featuring approximately 250 residential units, office space, and an on-site entertainment component, restaurant, and within proximity to Worcester's theatre district providing built-in activity and a strong downtown customer base. High visibility, nearby public parking and substantial existing hospitality infrastructure further strengthen the opportunity. For the right experienced operator, this is more than a restaurant space—it is a venue-ready platform with multiple avenues for revenue, repeat business and cash flow, offering the opportunity to create Downtown Worcester’s next premier event, entertainment, food and beverage destination.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Recessed Lighting
- After Hours HVAC Available
- Hardwood Floors
- Wheelchair Accessible
- Size, Various Revenue Streams, Turn Key, Parking in Area, Theatre District Location
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Wi-Fi Connectivity
- Plug & Play
- Basement
- Smoke Detector
- Fully Built out Restaurant, Event, Entertainment
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor | 6,120 SF | 5-10 Years | $18.00 /SF/YR $1.50 /SF/MO $110,160 /YR $9,180 /MO | Retail | Full Build-Out | Now |
| 1st Floor, Ste 48A | 6,818 SF | 5 Years | $25.00 /SF/YR $2.08 /SF/MO $170,450 /YR $14,204 /MO | Retail | Full Build-Out | September 01, 2026 |
1st Floor
| Size |
| 6,120 SF |
| Term |
| 5-10 Years |
| Rental Rate |
| $18.00 /SF/YR $1.50 /SF/MO $110,160 /YR $9,180 /MO |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 48A
| Size |
| 6,818 SF |
| Term |
| 5 Years |
| Rental Rate |
| $25.00 /SF/YR $2.08 /SF/MO $170,450 /YR $14,204 /MO |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| September 01, 2026 |
1st Floor
| Size | 6,120 SF |
| Term | 5-10 Years |
| Rental Rate | $18.00 /SF/YR |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | Now |
Located on the ground floor of a prominent 250-unit residential building, the restaurant space at 50 Franklin Street offers a prime downtown Worcester location with exceptional visibility and built-in foot traffic. The fully built-out space features two restaurant areas, full bar setups with 30 tap lines, high-end sound and lighting, and is ADA accessible with additional parking. Flexible layouts and immediate availability make it ideal for catering, ghost kitchen, or entertainment concepts in a vibrant residential and commercial hub.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
- Prime downtown Worcester location
- Two built-out restaurant spaces
- Full bar setups, 30 tap lines
- ADA accessible, extra parking
1st Floor, Ste 48A
| Size | 6,818 SF |
| Term | 5 Years |
| Rental Rate | $25.00 /SF/YR |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | September 01, 2026 |
Prime Downtown Worcester Event & Entertainment Venue. A Rare Turn-Key Opportunity for an Experienced Hospitality, Events or Entertainment Operator. Position your concept in the heart of Downtown Worcester on Franklin Street at Franklin & Portland Streets overlooking Worcester Common. This exceptional second-generation space offers up to approximately 6,818 SF with subdivision flexibility and the infrastructure to support multiple revenue streams. The space features a fully built-out commercial kitchen, state of the art pizza oven with open/prep kitchen, bar with approximately 40 tap lines, dedicated event space, and a separate state-of-the-art theater/entertainment component. The venue is positioned to generate revenue through food and beverage, weddings, corporate events, conferences, private celebrations, ticketed entertainment, brand activations, and full or partial buyouts—creating the potential for diversified and recurring cash flow. Ideal for an upscale event and conference center, cocktail lounge, members-style club, theater and entertainment venue, or hybrid restaurant and entertainment concept, the existing infrastructure can significantly reduce the time and expense of building a hospitality destination from the ground up. The property is part of a prominent mixed-use building featuring approximately 250 residential units, office space, and an on-site entertainment component, restaurant, and within proximity to Worcester's theatre district providing built-in activity and a strong downtown customer base. High visibility, nearby public parking and substantial existing hospitality infrastructure further strengthen the opportunity. For the right experienced operator, this is more than a restaurant space—it is a venue-ready platform with multiple avenues for revenue, repeat business and cash flow, offering the opportunity to create Downtown Worcester’s next premier event, entertainment, food and beverage destination.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Wi-Fi Connectivity
- Recessed Lighting
- Plug & Play
- After Hours HVAC Available
- Basement
- Hardwood Floors
- Smoke Detector
- Wheelchair Accessible
- Fully Built out Restaurant, Event, Entertainment
- Size, Various Revenue Streams, Turn Key, Parking in Area, Theatre District Location
Property Facts
| Total Space Available | 12,938 SF | Apartment Style | Mid-Rise |
| No. Units | 250 | Building Size | 238,680 SF |
| Property Type | Multifamily | Year Built/Renovated | 1912/2018 |
| Property Subtype | Apartment |
| Total Space Available | 12,938 SF |
| No. Units | 250 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 238,680 SF |
| Year Built/Renovated | 1912/2018 |
About the Property
Located in the heart of downtown Worcester, 50 Franklin Street presents renovated professional office space within a vibrant mixed-use building. This property offers a polished and contemporary setting enhanced by a modern lobby and on-site security, ensuring a professional and welcoming environment. Tenants benefit from a highly accessible location just steps from Worcester City Hall, Worcester Common, Mercantile Center, and Union Station. The property’s proximity to major highways and robust public transportation options makes commuting seamless for employees and visitors. Ample parking is available with nearby public garages, lots, and additional street parking. Adjacent to an array of local dining, retail, and cultural destinations, this address offers businesses the opportunity to thrive in a dynamic urban setting. Its convenient connections and updated interiors provide an attractive destination for professional firms, services, and organizations seeking a central location at the core of Worcester’s growing commercial district.
Nearby Major Retailers
