List Search

415 Main St
Worcester, MA 01608 Downtown Worcester

$200,000 USD

Loft Creative Space Condos For Sale  •  3,495 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 27,012 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 1900
  • Tenancy Multiple
  • Zoning BG-6
59 Transit Score
93 Walk Score

2 Units Available

Name Condo Use Size Price Details
3rd Floor - Unit 3 Flex 3,495 SF $200,000 USD
  • Unit Size: 3,495 SF
  • Condo Use: Flex
  • Price: $200,000 USD
  • Sale Type: Investment
  • Price/SF: $57.22 USD
Description
The third floor condo unit at 415 Main St, Worcester (about 3,500 SF) is currently leased to a reputable escape room tenant, at a rate of about $12 PSF gross until 2029. This results in an NOI of about $18,000 and CAP rate of 9%.

Sale Notes
Prime Investment Opportunity

4th Floor - Unit 4 Office 3,495 SF $200,000 USD
  • Unit Size: 3,495 SF
  • Condo Use: Office
  • Price: $200,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $57.22 USD
Description
The fourth floor condo unit at 415 Main St, Worcester (about 3,500) space features a dedicated in-unit reception area, multiple private offices, conference room space, and open work areas that can be configured to suit a variety of layouts and operational needs. Formerly occupied by a laboratory testing facility, the suite is well-suited for users requiring lab-capable infrastructure or specialized buildout, while remaining easily adaptable for traditional office use. DELIVERED VACANT.

Sale Notes
Owner user or Investment ; delivered vacant.

Description

Primed for investors, owner users, and even redevelopers - observe the unbeatable location of one of the most prominent buildings in Worcester, MA at 415 Main Street. We are pleased to offer both the third and fourth floor condo units available for sale. Both units are currently set up as commercial lab/flex space, but could be redeveloped into virtually any use due to the inclusive zoning district of BG-6. BG-6 is inclusive of residential, office, medical, day-care, food service, manufacturing, R&D, etc. 

The third floor condo unit (about 3,500 SF) is currently leased to a reputable escape room tenant, at a rate of about $12 PSF gross until 2029. This results in an NOI of about $18,000 and CAP rate of 9%.

The fourth floor condo unit at 415 Main St, Worcester (about 3,500) space features a dedicated in-unit reception area, multiple private offices, conference room space, and open work areas that can be configured to suit a variety of layouts and operational needs. Formerly occupied by a laboratory testing facility, the suite is well-suited for users requiring lab-capable infrastructure or specialized buildout, while remaining easily adaptable for traditional office use. DELIVERED VACANT.

The building is elevator-served and ideally situated in the center of Downtown Worcester, offering excellent visibility, walkability to restaurants, courthouse, public transportation, and major civic and business amenities. This is a rare opportunity to own or lease a highly functional, centrally located office/lab condo in one of Worcester’s most sought-after commercial locations.

Highlights

Downtown
Redevelopment Opportunity
Investment Opportunity

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Security System
  • Wheelchair Accessible
  • Reception
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
Worcester Union Station (Lake Shore Limited - Amtrak) 1 min 8 min 0.4 mi
Worcester (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 1 min 13 min 0.6 mi
AirportDriveWalkDistance
Worcester Regional 11 min - 5.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Collin Mulcahy 774-230-3634 Lornell Real Estate
Collin Mulcahy 774-230-3634 Lornell Real Estate