The Grid District 50 Franklin St 5,000 - 15,000 SF of Retail Space Available in Worcester, MA 01608
HIGHLIGHTS
- This ground floor restaurant space benefits from excellent foot traffic and a built-in consumer base thanks to 250 on-site apartment units.
- More apartment buildings are nearby as well, all food and entertainment concepts are likely to do well in this location with an experienced operator.
- The space is subdividable or can be rented in whole, allowing for flexible possible configurations.
- Close proximity to Worcester Commons and various offices should also help catering and commercial kitchens provide on demand food services to the area
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 5,000-15,000 SF | 3-15 Years | $22.00 /SF/YR | Retail | Full Build-Out | Now |
1st Floor
| Size |
| 5,000-15,000 SF |
| Term |
| 3-15 Years |
| Rental Rate |
| $22.00 /SF/YR |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
PROPERTY FACTS
| Total Space Available | 15,000 SF |
| No. Units | 250 |
| Min. Divisible | 5,000 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 238,680 SF |
| Year Built | 1912 |
ABOUT THE PROPERTY
Opportunity to lease one fully built-out restaurant space with large commercial kitchen, located on the ground floor of a prominent 250-unit residential building directly across from Worcester Common in Downtown Worcester Massachusetts. Located near Worcester city hall, many office buildings, Polar Park, DCU Center, The Worcester Palladium, Fidelity Bank Worcester Ice Center, Kelly Square, Union Train Station, downtown hotels, St Vincent Hospital, and Each restaurant space consists of approximately 4,300 square feet of front-of-house space and 1,300 square feet of back-of-house kitchen space. Additionally, a 1,500-square-foot entertainment or private dining area is available, complete with a state-of-the-art sound and lighting system. Each space includes a full bar setup with 30 and 40 tap lines, making it ideal for a high-volume beverage program. A shared kitchen concept allows for subdivision, offering flexibility for different culinary ventures. The entire space is handicap accessible and features additional parking for convenience. Located in the heart of downtown Worcester, this property is surrounded by a growing residential and business community, offering a prime opportunity to establish or expand a restaurant or entertainment concept.
FEATURES AND AMENITIES
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Furnished Units Available
NEARBY MAJOR RETAILERS
