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
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
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
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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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
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.