Active

241 Southbridge St

Worcester MA, 01608

$1,950,000


$133.11 per sqft

Active

14,650 sqft

Commercial

Built in 1935

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.

73324487

MLS ID

January 8, 2025

Listed

January 12, 2025

Updated

Map

241 Southbridge St
Worcester MA, 01608

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.48 Acres


Roof

Rubber

Other Property Details

Taxes

$30,019


Tax Frequency

Annually


Garage

No


Parking Total

30


View

No


County

Worcester


Pool

No


Zoning

BG6

 

Courtesy of Andrea Beth Castinetti, Castinetti Realty Group

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Data last updated 8:26 AM UTC, 1/12/2025

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