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65 Water St, Worcester MA 01604

Commercial Sale

65 Water Street is a partially stabilized commercial asset in Worcester’s Canal District, offering a blend of in-place income and value-add potential. The property generates approximately $55,500 annually from a dance studio tenancy and billboard revenue, with additional upside from a tenant-ready, ground-level space in the rear building. The rear building is intact and occupied, while the front building has been cleared to a clean shell following a prior isolated fire/water event, allowing efficient buildout without demolition. Ownership has completed key capital improvements, including a new roofing system and two new HVAC units. The site includes approximately 22 on-site surface parking spaces and benefits from nearby municipal parking, both of which are valuable amenities in this neighborhood.

This home has been viewed 7 times

Last Checked: May 2nd, 2026 at 6:08am (Source: MLS PIN #73508001)

General Information for 65 Water St, Worcester MA 01604

Listing ID73508001

Property TypeCommercial Sale / Commercial

Price$2,350,000

Style

CityWorcester

CountyWorcester

Neighborhood(s)

ZoningBG-3

Year Built1900

Disclosures for 65 Water St, Worcester MA 01604

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsTenants Washer And Dryer In The Basement.

Compensation Based On

Contact Information for 65 Water St, Worcester MA 01604

Agent

Name: Michael Barbera

Office

Name: BA Property & Lifestyle Advisors

Phone: 508-852-4227

Team Members

Exclusive Listing Agent

BA Property & Lifestyle Advisors

Michael Barbera

Agent Phone

Office Phone

(508) 852-4227

Text Agent Call Agent Call Office

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EXIT

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