781 Grove St Terrain 9,62 ha À vendre Worcester, MA 01605

781 Grove Street is strategically positioned in a well-established area that offers both strong fundamentals and upside potential for redevelopment. Located with convenient access to major routes such as I-95, Route 9, and the Massachusetts Turnpike (I-90), the site benefits from excellent regional connectivity, making it ideal for a variety of future uses. The surrounding neighborhood features a healthy mix of residential, commercial, and institutional uses, creating a dynamic environment that supports both workforce and community needs. With favorable zoning characteristics and growing demand for high-quality space in this corridor, 781 Grove Street presents a rare opportunity for investors or developers to reposition an underutilized asset through ground-up development. The property’s generous site layout, strong demographics, and proximity to affluent communities further enhance its appeal as a prime redevelopment
The site has active approved permits for 158 CCRC units. Preliminary density analysis suggests the potential for a well designed, phased CCRC with up to 236 units at full capacity, based on zoning and conventional site planning assumptions. If affordable units are included, the CCRC unit count may be increasable. All major utilities, including water, sewer, and gas, are available nearby, and the site's topography supports phased development.
For more information please reach out to the listing brokers.