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Informations principales sur l'investissement

  • Approximately $55,500 in current annual income from in-place tenancy and billboard revenue / Flexible BG-3.0 zoning with CCOD-C overlay supporting com
  • New Carlisle roofing system w/ 25 year warranty and two HVAC systems installed post-loss
  • Approximately 18–22 on-site surface parking spaces & Additional municipal parking in close proximity
  • Majority of building (~61%–64%) delivered in clean shell condition / Two-building configuration separating stabilized income and value-add component
  • Rear lower-level (~1,300 SF) substantially built out and suitable for occupancy
  • Offered at a basis consistent with value-add assets and below stabilized pricing benchmarks

Résumé analytique

65 Water Street is a partially stabilized commercial asset in Worcester’s Canal District, offering a blend of in-place income and value-add potential. The property generates approximately $55,500 annually from a dance studio tenancy and billboard revenue, with additional upside from a tenant-ready, ground-level space in the rear building. The rear building is intact and occupied, while the front building has been cleared to a clean shell following a prior isolated fire/water event, allowing efficient buildout without demolition. Ownership has completed key capital improvements, including a new roofing system and two new HVAC units. The site includes approximately 22 on-site surface parking spaces and benefits from nearby municipal parking, both of which are valuable amenities in this neighborhood.

Pièces jointes

65 Water OM

Informations sur l’immeuble

Type de vente
Investissement ou propriétaire occupant
Type de bien
Bureau
Sous-type de bien
Loft
Surface de l’immeuble
2 165 m²
Classe d’immeuble
C
Année de construction/rénovation
1900/2017
Prix
2 023 491 €
Prix par m²
934,47 €
Pourcentage loué
79 %
Occupation
Multi
Hauteur du bâtiment
4 étages
Surface type par étage
541 m²
Dalle à dalle
3,66 m
Coefficient d’occupation des sols de l’immeuble
1,61
Surface du lot
0,13 ha
Zone de développement économique [USA]
Oui
Zonage
BG-3
Stationnement
20 places (9,24 places par 1 000 m² loué)

Caractéristiques

  • Accès 24 h/24
  • Ligne d’autobus
  • Trains de banlieue
  • Signalisation
  • Espace d’entreposage
  • Climatisation

Disponibilité de l’espace

  • Espace
  • Surface
  • Type de bien
  • Aménagement
  • Disponible
  • 1er étage
  • 113 m²
  • Bureaux/Local commercial
  • -
  • Maintenant

Excellent opportunity to lease ground floor retail/ office space at 65 Water Street, located in Worcester’s vibrant Canal District. This versatile unit is well suited for office, retail, professional services, showroom, studio, or other commercial uses, offering flexibility for a variety of business concepts. The space provides an ideal opportunity for an established business, growing company, or entrepreneur seeking a convenient and highly accessible Worcester location. Its flexible layout can accommodate a range of office or retail configurations and offers the potential to create a professional and inviting environment tailored to your business needs. Conveniently located in the Canal District with easy access to downtown Worcester and surrounding neighborhoods, this property offers excellent potential for businesses looking to establish or expand their presence in the area. Bring your business vision to this flexible commercial space and take advantage of the continued growth and activity in the Canal District.

  • 1er étage
  • 352 m²
  • Local commercial
  • -
  • Maintenant

Exceptional opportunity to lease approximately 3,785 square feet of retail or restaurant space at 65 Water Street in Worcester’s vibrant Canal District. The property has a long history of restaurant uses and offers a generous footprint and flexible layout well suited for a restaurant, café, specialty shop, retail concept, or other commercial use. Off-street parking provides added convenience for customers and staff. This is an excellent opportunity for a new or established operator to introduce a fresh dining, hospitality, or retail concept in one of Worcester’s most active neighborhoods. Conveniently located near downtown Worcester with easy access to surrounding neighborhoods and major routes, the property benefits from the Canal District’s continued growth, visibility, and activity. Bring your vision to this versatile space and establish your business in a distinctive Worcester location.

Espace Surface Type de bien Aménagement Disponible
1er étage 113 m² Bureaux/Local commercial - Maintenant
1er étage 352 m² Local commercial - Maintenant

1er étage

Surface
113 m²
Type de bien
Bureaux/Local commercial
Aménagement
-
Disponible
Maintenant

1er étage

Surface
352 m²
Type de bien
Local commercial
Aménagement
-
Disponible
Maintenant

1er étage

Surface 113 m²
Type de bien Bureaux/Local commercial
Aménagement -
Disponible Maintenant

Excellent opportunity to lease ground floor retail/ office space at 65 Water Street, located in Worcester’s vibrant Canal District. This versatile unit is well suited for office, retail, professional services, showroom, studio, or other commercial uses, offering flexibility for a variety of business concepts. The space provides an ideal opportunity for an established business, growing company, or entrepreneur seeking a convenient and highly accessible Worcester location. Its flexible layout can accommodate a range of office or retail configurations and offers the potential to create a professional and inviting environment tailored to your business needs. Conveniently located in the Canal District with easy access to downtown Worcester and surrounding neighborhoods, this property offers excellent potential for businesses looking to establish or expand their presence in the area. Bring your business vision to this flexible commercial space and take advantage of the continued growth and activity in the Canal District.

1er étage

Surface 352 m²
Type de bien Local commercial
Aménagement -
Disponible Maintenant

Exceptional opportunity to lease approximately 3,785 square feet of retail or restaurant space at 65 Water Street in Worcester’s vibrant Canal District. The property has a long history of restaurant uses and offers a generous footprint and flexible layout well suited for a restaurant, café, specialty shop, retail concept, or other commercial use. Off-street parking provides added convenience for customers and staff. This is an excellent opportunity for a new or established operator to introduce a fresh dining, hospitality, or retail concept in one of Worcester’s most active neighborhoods. Conveniently located near downtown Worcester with easy access to surrounding neighborhoods and major routes, the property benefits from the Canal District’s continued growth, visibility, and activity. Bring your vision to this versatile space and establish your business in a distinctive Worcester location.

Très praticable à pied
80/100
Exceptionnellement adapté aux voitures
90/100
Bons transports en commun
60/100
Plutôt praticable en vélo
40/100

Taxes foncières

Taxes foncières

Numéro de parcelle
WORC-000004-000024-000012
Évaluation du terrain
397 638 €
Évaluation des aménagements
1 127 558 €
Évaluation totale
1 525 196 €
  • ID de l’annonce: 40307044

  • Date de mise sur le marché: 27/04/2026

  • Dernière mise à jour:

  • Adresse: 65 Water St, Worcester, MA 01604

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