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65 Water St
Worcester, MA 01604 Green Island

$2,350,000 USD

Loft Creative Space For Sale • 23,308 SF

Property Details

Property Type Loft Creative Space
Total Building Size 23,308 SF
Lot Size 0.33 AC
Building Class C
Year Built 1900
Tenancy Multiple
Zoning BG-3

60 Transit Score

80 Walk Score

                
                    Highlights
                
                                Approximately $55,500 in current annual income from in-place tenancy and billboard revenue / Flexible BG-3.0 zoning with CCOD-C overlay supporting com
                            
                                Majority of building (~61%–64%) delivered in clean shell condition /  Two-building configuration separating stabilized income and value-add component
                            
                                New Carlisle roofing system w/ 25 year warranty and two HVAC systems installed post-loss
                            
                                Rear lower-level (~1,300 SF) substantially built out and suitable for occupancy
                            
                                Approximately 18–22 on-site surface parking spaces & Additional municipal parking in close proximity
                            
                                Offered at a basis consistent with value-add assets and below stabilized pricing benchmarks

Property Flyers

65 Water OM

Amenities

24 Hour Access
Bus Line
Commuter Rail
Signage
Storage Space
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Worcester Union Station (Lake Shore Limited - Amtrak)	1 min	7 min	0.4 mi
Worcester (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line))	1 min	12 min	0.6 mi
Airport	Drive	Walk	Distance
Worcester Regional	12 min	-	5.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes

Michael Barbera 508-509-8867 Rubric Commercial LLC

65 Water St Worcester, MA 01604 Green Island