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50 Franklin St
Worcester, MA 01608 Downtown Worcester

$9,180 - $14,204 USD/MO

Apartments For Lease  •  6,120+ SF

Property Details

  • Property Type Apartments
  • Year Built 1912
  • Total Building Size 238,680 SF
  • Building Class C
  • Zoning C
80 Transit Score
90 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Retail 6,120 SF $18.00 USD/SF/YR 
Located on the ground floor of a prominent 250-unit residential building, the restaurant space at 50 Franklin Street offers a prime downtown Worcester location with exceptional visibility and built-in foot traffic. The fully built-out space features two restaurant areas, full bar setups with 30 tap lines, high-end sound and lighting, and is ADA accessible with additional parking. Flexible layouts and immediate availability make it ideal for catering, ghost kitchen, or entertainment concepts in a vibrant residential and commercial hub.

  • Date available: Now
  • Lease term: 5 - 10 Years
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet
1st Floor Ste 48A Retail 6,818 SF $25.00 USD/SF/YR 
Prime Downtown Worcester Event & Entertainment Venue. A Rare Turn-Key Opportunity for an Experienced Hospitality, Events or Entertainment Operator. Position your concept in the heart of Downtown Worcester on Franklin Street at Franklin & Portland Streets overlooking Worcester Common. This exceptional second-generation space offers up to approximately 6,818 SF with subdivision flexibility and the infrastructure to support multiple revenue streams. The space features a fully built-out commercial kitchen, state of the art pizza oven with open/prep kitchen, bar with approximately 40 tap lines, dedicated event space, and a separate state-of-the-art theater/entertainment component. The venue is positioned to generate revenue through food and beverage, weddings, corporate events, conferences, private celebrations, ticketed entertainment, brand activations, and full or partial buyouts—creating the potential for diversified and recurring cash flow. Ideal for an upscale event and conference center, cocktail lounge, members-style club, theater and entertainment venue, or hybrid restaurant and entertainment concept, the existing infrastructure can significantly reduce the time and expense of building a hospitality destination from the ground up. The property is part of a prominent mixed-use building featuring approximately 250 residential units, office space, and an on-site entertainment component, restaurant, and within proximity to Worcester's theatre district providing built-in activity and a strong downtown customer base. High visibility, nearby public parking and substantial existing hospitality infrastructure further strengthen the opportunity. For the right experienced operator, this is more than a restaurant space—it is a venue-ready platform with multiple avenues for revenue, repeat business and cash flow, offering the opportunity to create Downtown Worcester’s next premier event, entertainment, food and beverage destination.

  • Date available: Sep 2026
  • Lease term: 5 Years
  • Service type: Triple Net
  • Built out as: Drinking Establishment
  • Space Type: New

Description 

Located in the heart of downtown Worcester, 50 Franklin Street presents renovated professional office space within a vibrant mixed-use building. This property offers a polished and contemporary setting enhanced by a modern lobby and on-site security, ensuring a professional and welcoming environment.
Tenants benefit from a highly accessible location just steps from Worcester City Hall, Worcester Common, Mercantile Center, and Union Station. The property’s proximity to major highways and robust public transportation options makes commuting seamless for employees and visitors. Ample parking is available with nearby public garages, lots, and additional street parking.
Adjacent to an array of local dining, retail, and cultural destinations, this address offers businesses the opportunity to thrive in a dynamic urban setting. Its convenient connections and updated interiors provide an attractive destination for professional firms, services, and organizations seeking a central location at the core of Worcester’s growing commercial district.

Highlights

Prime downtown Worcester location, just steps from City Hall, Worcester Common, Mercantile Center, and Union Station.
Professionally renovated office space in a notable mixed-use building with a polished design.
Features a modern lobby and on-site security for a professional impression.

Amenities

  • Air Conditioning
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Storage Space
  • Heating
  • Furnished Units Available
  • Tile Floors
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Tub/Shower
  • Views

Public Transportation

Commuter RailDriveWalkDistance
Worcester (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 2 min 12 min 0.6 mi
Grafton (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 14 min - 8.2 mi
Transit/SubwayDriveWalkDistance
Worcester (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
Worcester Regional 12 min - 5.4 mi
Fionnula Bohan 617-653-4084 The Deluxe Team
Fionnula Bohan 617-653-4084 The Deluxe Team