SQUARE FEET3,360
MLS#73486046
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Rare redevelopment and value-add opportunity. This 3,360 sq.ft former fast-food retail building presents an excellent repositioning opportunity for investors, developers, or owner-users. The existing structure requires renovation and is well suited for restaurant, retail, or office use. In addition, the property benefits from completed approvals and development proposals for a 24-unit multifamily project, offering significant long-term upside for residential redevelopment. Located in a highly affluent commercial corridor with convenient access to a major highway, the property is surrounded by strong economic drivers including an Amazon distribution center, Chase Bank, and numerous national and regional food franchises. The combination of redevelopment potential, strong demographics, and proximity to major employers makes this a compelling opportunity for investors seeking long-term growth in a high-demand area.
Property Features
Property Type: Commercial - Business
Lot Size: 0.46 Acres
Roof Type: Rubber
Taxes: $17,936
Year Built: 1970
Feature Descriptions
Building Area Total: 3360
Business Type: Commercial
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: 93
Frontage: 169.00
Parcel Number: M:12 B:007 L:00009,1773927
Rental Term: Monthly
Utilities: Public Water, Public Sewer
Listed By / Shown By
Listed By
Agency Name: RE/MAX Partners
Agent Name: James Kalogeropoulos
Agency Phone: 508-635-1600
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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342 West Boylston Street | MLS# 73486046
This commercial property located at 342 West Boylston Street, Worcester, MA 01606 is currently listed for sale with an asking price of $775,000. Search Worcester real estate on www.masiellogrouprealestate.com today.