$1,295,000
166 Shrewsbury Street
Worcester, MA, 01604
Business is negotiable! Furniture, fixtures, equipment and first floor business can be purchased for $200,000. This stunning commercial building offers a unique blend of business and residential spaces. It features three distinct units, including a ground-level restaurant and two second story apartments. Nestled in the heart of a vibrant business district, the location ensures excellent visibility and foot traffic. Its prime position within the sought-after restaurant row adds to its appeal. The space is very versatile and may be used as retail or office in the future. It’s an ideal investment for those looking to capitalize on a thriving area. The building currently brings in $65,000 annual income, based on modified gross lease. The two apartments are currently unfinished. Permits will need to be obtained and will require a sprinkler system to be installed.
Property Details
Price:
$1,295,000
MLS #:
73329618
Status:
Active
Beds:
0
Baths:
0
Address:
166 Shrewsbury Street
Type:
Commercial
City:
Worcester
Listed Date:
Jan 27, 2025
State:
MA
ZIP:
01604
Lot Size:
3,375 sqft / 0.08 acres (approx)
Year Built:
1968
Schools
Interior
Exterior
Roof
Rubber
Financial
Tax Year
2025
Taxes
$15,215
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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Courtesy of RE/MAX Partners. 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.
166 Shrewsbury Street
Worcester, MA
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