This exceptional redevelopment opportunity consists of a 15,000 sq. ft., two-story stand-alone building on a 2.07± acre site, which includes two additional paved, unimproved parcels. Combined, the three parcels offer approximately 800 feet of frontage and are under common ownership, available either individually or as an assemblage.Located in Worcester, Massachusetts—New England’s second-largest city—this property benefits from immediate access to the thriving Canal District and is within walking distance of Polar Park, home to the AAA Worcester Red Sox. Situated in a BG-6.0 business-friendly commercial zone, the site is ideal for a variety of high-demand uses, including residential multi-family, medical, office, retail, cannabis, restaurant and entertainment venues, and life sciences. With the potential to support the development of 300+ residential multifamily units, the property offers significant upside for investors and developers alike.
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Last Updated: January 13th, 2025 at 5:43am
General Information for 241 Southbridge St, Worcester, Massachusetts 01608
Property TypeCommercial Sale
Price$1,950,000
MLS #73324487
List Date2025-01-08
Special Listing Conditions
StateMassachusetts
Street NameSouthbridge St
Unit
CityWorcester
Zip Code01608
CountyWorcester
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total14650
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress241 Southbridge St, Worcester MA 01608
Zoning
Zoning DescriptionLegal Conforming
Business TypeCommercial
Interior Features for 241 Southbridge St, Worcester, Massachusetts 01608
* Approx. Living Area Total14,650 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 241 Southbridge St, Worcester, Massachusetts 01608
* Parking Spaces30
* Year Built1935
Year Built Details
Year Built Source
Construction Materials
Approx. Street Frontage
Utilities
Disclosures for 241 Southbridge St, Worcester, Massachusetts 01608
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
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Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
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Financial Information for 241 Southbridge St, Worcester, Massachusetts 01608
Association Fee$0
Association Fee Frequency
Associaton Fee Includes
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$1,950,000
Lifestyle Information for 241 Southbridge St, Worcester, Massachusetts 01608
Association Amenities
Frontage Type
GarageYNNo
Location information for 241 Southbridge St, Worcester, Massachusetts 01608
Marketing History for 241 Southbridge St, Worcester, Massachusetts 01608
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Agent Information for 241 Southbridge St, Worcester, Massachusetts 01608