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You are here:
Home Massachusetts Worcester Commercial Properties for Sale

166 Shrewsbury St Worcester, MA 01604

56 Days on Boston Pads
4 Photos
$1,600,000
Type: Mixed Use
Lease Type N/A
4830 Bldg. SQFT
Restrooms: N/A
Parking: N/A
166 Shrewsbury St
Worcester, MA 01604

Property Description

Welcome to 166 Shrewsbury St, a mixed use property on one of Worcester's prime locations. The building consists of a 2415 square feet restaurant space with full basement on the first floor, the restaurant has seating for 107 people inside and 20 outside and is fully equipped and functional, on the second floor you'll find two spacious (2) bedroom apartments that will need to be finished. New HVAC has been installed and rough electrical and plumbing are done. This could be a very lucrative investment cash flowing about $8500-9000 per month in rent once the apartments have been finished. Come check it out and take advantage of everything this area has to offer with a vibrant restaurant scene and easy access to downtown, routes 9 and 290.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Conforming
  • MLS ID#: 73245777

Financial

  • Gross Annual Income: 60000

Building Information

  • Total SQFT: 4830

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/05/2024Active$1,600,000$331MLSPIN
06/01/2024New$1,600,000$331MLSPIN

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Map & Resources

Seller's Representative: Luiz Fernando Coelho, 1 Worcester Homes
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-06-05 03:05:00