Overview Property Details Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

399 Shrewsbury Street, Worcester MA 01604

Commercial Sale

Rare Offering in a Highly Desirable Location! This fully leased two-unit mixed-use building presents an outstanding opportunity for investors seeking steady, passive income. Situated on a heavily traveled street with excellent visibility, the property is surrounded by major hospitals, colleges, and a variety of thriving local businesses—ensuring a strong draw for both commercial and residential tenants. The building offers off-street parking for added convenience and long-term appeal. Opportunities like this seldom hit the market—secure a low-maintenance asset in one of the area’s most sought-after investment locations.

This home has been viewed 22 times

Last Checked: November 9th, 2025 at 7:23am (Source: MLS PIN #73451108)

General Information for 399 Shrewsbury Street, Worcester MA 01604

Listing ID73451108

Property TypeCommercial Sale

Price$900,000

Style

CityWorcester

CountyWorcester

MLS Area

Neighborhood(s)

Garage Parking

ZoningMG-2

AssociationNo

Year Built1920

Year Built Source

Year Renovated

Year Built Details

Handicap Access / FeaturesNo

Energy Features

Disclosures for 399 Shrewsbury Street, Worcester MA 01604

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Senior CommunityNo

Special Listing Conditions

For Sale By OwnerNo

Exclusions

Disclosures

Title 5

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Contact Information for 399 Shrewsbury Street, Worcester MA 01604

Agent

Name: James Kalogeropoulos

Office

Name: RE/MAX Partners

Phone: 508-635-1600

Exclusive Listing Agent

RE/MAX Partners

James Kalogeropoulos

Agent Phone

Office Phone

(508) 635-1600

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.02 acres (750 SqFt)
    [add_date] => 2025-11-05 09:03:55
    [address] => Shrewsbury Street
    [agent] => Array
        (
            [address] => 37 Greenwood Road
            [city] => Andover
            [id] => K9502917
            [name] => James Kalogeropoulos
            [national_association] => 453010020
            [office] => AN8069
            [state] => MA
            [zip] => 01810
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 1,131 SqFt
    [approx_lot_size_acres] => 0.02 acres
    [approx_lot_size_sqft] => 750 SqFt
    [assessed_value] => 
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => 399 Shrewsbury Street Worcester
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Commercial Sale
    [cap_rate] => -0.63%
    [city] => Worcester
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Worcester
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Rare Offering in a Highly Desirable Location! This fully leased two-unit mixed-use building presents an outstanding opportunity for investors seeking steady, passive income. Situated on a heavily traveled street with excellent visibility, the property is surrounded by major hospitals, colleges, and a variety of thriving local businesses—ensuring a strong draw for both commercial and residential tenants. The building offers off-street parking for added convenience and long-term appeal. Opportunities like this seldom hit the market—secure a low-maintenance asset in one of the area’s most sought-after investment locations.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 0
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $48,000
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 703226
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2025-11-09 07:23:09
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 1,131 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73451108
    [neighborhoods] => Array
        (
        )

[net_income_calc] => -5684
    [net_operating_income] => Array
        (
            [0] => $0
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 1
    [office] => Array
        (
            [id] => AN8069
            [name] => RE/MAX Partners
            [phone] => 508-635-1600
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 508-635-8259
    [pool_features] => Array
        (
        )

[price] => $900,000
    [price_per_sqft] => 0
    [price_per_unit] => 900000
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => Residential
        )

[real_estate_tax] => $5,684.80
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 0
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 399
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2025
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 5684
    [total_gross_income] => 0
    [total_parking] => 5
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 
    [unit_1_floor] => 
    [unit_1_lease] => Array
        (
        )

[unit_1_levels] => 
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 
    [unit_2_floor] => 
    [unit_2_lease] => Array
        (
        )

[unit_2_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 399 Shrewsbury Street, Worcester MA 01604
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1920
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 01604
    [zoning] => MG-2
    [zoning_details] => Legal Conforming
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 173227995
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/703226/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2025-11-09 07:23:12
                    [modified] => 2025-11-09 07:23:12
                )

[1] => Array
                (
                    [id] => 173228902
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73451108&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2025-11-09 07:23:18
                    [modified] => 2025-11-09 07:23:18
                )

[2] => Array
                (
                    [id] => 173228903
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73451108&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2025-11-09 07:23:18
                    [modified] => 2025-11-09 07:23:18
                )

[3] => Array
                (
                    [id] => 173228904
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73451108&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2025-11-09 07:23:18
                    [modified] => 2025-11-09 07:23:18
                )

[4] => Array
                (
                    [id] => 173228905
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73451108&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2025-11-09 07:23:18
                    [modified] => 2025-11-09 07:23:18
                )

[5] => Array
                (
                    [id] => 173228906
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73451108&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2025-11-09 07:23:18
                    [modified] => 2025-11-09 07:23:18
                )

[6] => Array
                (
                    [id] => 173228907
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73451108&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2025-11-09 07:23:18
                    [modified] => 2025-11-09 07:23:18
                )

[7] => Array
                (
                    [id] => 173228908
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73451108&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2025-11-09 07:23:18
                    [modified] => 2025-11-09 07:23:18
                )

[8] => Array
                (
                    [id] => 173228909
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73451108&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2025-11-09 07:23:18
                    [modified] => 2025-11-09 07:23:18
                )

)

)

EXIT