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$ 1,450,000
Est. payment /mo
Active
166 Shrewsbury Street Worcester, MA 01604
3,484 Sqft Lot
UPDATED:
02/12/2025 05:34 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73329618
HOA Y/N false
Year Built 1968
Annual Tax Amount $15,215
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Business is negotiable! 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.
Location
State MA
County Worcester
Zoning BG-3
Direction Near the intersection of Lyon Street and Shrewsbury Street.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Rubber
Others
Senior Community false
Listed by RE/MAX Partners
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