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295 Southbridge St, Worcester, MA 01608

$1,300,000
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Active
LOT SIZE 0.630 acres MLS#73535513
STATUSActive PROPERTY TYPELand - Commercial

Property Description

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

295 Southbridge St | MLS# 73535513

This land located at 295 Southbridge St, Worcester, MA 01608 is currently listed for sale with an asking price of $1,300,000. The property has approximately 0.63 Acres. Search Worcester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.63 Acres
Taxes: $7,072

Feature Descriptions

Community Features: Public Transportation, Shopping, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 45
Electric: At Street
Lot Features: Level
Parcel Number: 1763792
Rental Term: Monthly
Sewer: Public Sewer, Other
Water: Public

Listed By / Shown By

Listed By

Agency Name: Castinetti Realty Group
Agent Name: Andrea Beth Castinetti
Agency Phone: 508-719-8804

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Estimated Payment

$ 3,861.74 per month $2,893.24 Principal & Interest $589.33 Property Tax $379.17 Homeowner's Insurance

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