$499,900
981 Main St
Leicester, MA, 01524
Discover the possibilities at 981 Main St in Leicester. Built in 1840, this distinctive multi-family property blends timeless character with exceptional space and investment potential. Offering the development plan for converting this building to a cash flowing investment. The current developer has been working with the town regarding a conversion to 8 units with off street parking, presenting a rare value-add opportunity for investors and developers alike. Adding to its appeal, the property may qualify for Historic Tax Credits, creating additional upside for redevelopment and restoration. Rich with historic charm and future potential, this is a unique opportunity to reimagine a landmark property in the heart of Leicester. This town abuts Worcester and is primed for development. Property has 17 parking spots approved, asbestos remediation complete. This set up is near ready for the permitting process. Schedule your showing today.
Property Details
Price:
$499,900
MLS #:
73522856
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
May 22, 2026
Lot Size:
15,878 sqft / 0.36 acres (approx)
Year Built:
1840
Schools
Interior
Exterior
Roof
Shingle
Financial
Tax Year
2025
Taxes
$5,785
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Commercial in Leicester as of Jun 10, 2026
6
Commercial Listed
346
Avg DOM
424
Avg $ / SqFt
$956,650
Avg List Price
Community
- Address981 Main St Leicester MA
- CityLeicester
- CountyWorcester
- Zip Code01524
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Property Summary
- 981 Main St Leicester MA is a Commercial for sale in Leicester, MA, 01524. It is listed for $499,900 To schedule a showing of MLS#73522856 at 981 Main St in Leicester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Lock and Key Realty Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
981 Main St
Leicester, MA