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