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521 Main St, Worcester, MA 01608

$1,250,000
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Active
MLS#73573698
STATUSActive PROPERTY TYPECommercial - Business

Property Description

This is a rare opportunity to own a prime piece of real estate in the center of Worcester. The first floor is a restaurant and floors 2-4 can be residential units or an expansion of the restaurant. Being the only Chinese restaurant in downtown Worcester, the Great Wall has been the go-to place for Chinese food not only to people working in downtown area, but also for tourists and those going to various events in the Hanover Theater on the next block. The Polar Park, less than 0.5 mile away, also helps to drive up the revenue. A significant renovation was completed in 2019 including building the entire back wall, the HVAC system, the fire prevention system, and more. Further, an architectural drawing has been made for two large residential units. The upper unit, spanning the 3rd and the 4th floors, has 4 BRs with 3.5 baths. The unit on the 2nd floor has three BRs and two full baths. You can also make the entire building a fancy multifunctional restaurant and/or for other creative use.

521 Main St | MLS# 73573698

This commercial property located at 521 Main St, Worcester, MA 01608 is currently listed for sale with an asking price of $1,250,000. Search Worcester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.04 Acres
Taxes: $11,172
Year Built: 1930

Feature Descriptions

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: 8
Parcel Number: M:03 B:013 L:00003,1763870
Rental Term: Monthly

Listed By / Shown By

Listed By

Agency Name: StartPoint Realty
Agent Name: Hui Joseph Zou
Agency Phone: 978-422-3999

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