aisellshomes.space

$775,000

Active

342 West Boylston Street

Worcester, MA, 01606

Commercial · MLS #73486046

Days on market

New today

Lot size

0.46 ac

0.46 acres

Lot

About this home

Rare redevelopment and value-add opportunity. This 3,360 sq.ft former fast-food retail building presents an excellent repositioning opportunity for investors, developers, or owner-users. The existing structure requires renovation and is well suited for restaurant, retail, or office use. In addition, the property benefits from completed approvals and development proposals for a 24-unit multifamily project, offering significant long-term upside for residential redevelopment. Located in a highly affluent commercial corridor with convenient access to a major highway, the property is surrounded by strong economic drivers including an Amazon distribution center, Chase Bank, and numerous national and regional food franchises. The combination of redevelopment potential, strong demographics, and proximity to major employers makes this a compelling opportunity for investors seeking long-term growth in a high-demand area.

Property details

Parking
Deeded, Available for Purchase, Paved Driveway, Permeable Pavement

Listed by James Kalogeropoulos · RE/MAX Partners

Schedule a showing

342 West Boylston Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$5,017 / month

Down payment20% · $155,000
Interest rate6.50%

Loan term

Principal & interest
$3,919
Property tax
$775
Home insurance
$323

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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