aisellshomes.space

$1,300,000

Active

295 Southbridge St

Worcester, MA, 01608

Land · MLS #73535513

Days on market

23 days

Lot size

0.63 ac

0.63 acres

Lot

About this home

295 Southbridge Street is a ±0.63-acre (27,443± SF) paved, unimproved development site positioned at the convergence of SouthbridgeStreet and Jackson Street in Worcester's Canal District. Offered at $1,300,000, the property presents a rare opportunity to acquire ashovel-ready parcel in one of Central New England's most active urban development corridors, carrying BG-6.0 zoning — thehighest-density commercial classification in the City of Worcester. The parcel is offered as a standalone lot. The abutting parcels to the north (63 Jackson St, ±0.96 ac) and northeast (241 Southbridge St,±0.48 ac, with existing building) have been sold to separate owners and are not available for assemblage.BG-6.0 zoning permits a 6:1 floor-area ratio by right with no maximum height limit and no minimum setbacks. Multifamily high-rise andlow-rise, hotel, medical, office, retail, life sciences, and cannabis dispensary uses are all permitted by right. See attached OM

Location

295 Southbridge St, Worcester, MA, 01608

Property details

Road type
Public
Electric
220 Volts

Listed by Andrea Castinetti · Castinetti Realty Group

Schedule a showing

295 Southbridge St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$8,367 / month

Down payment20% · $260,000
Interest rate6.43%

Loan term

Principal & interest
$6,526
Property tax
$1,300
Home insurance
$542

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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