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$ 775,000
Est. payment /mo
Price Dropped by $100K
342 West Boylston Street Worcester, MA 01606
3,360 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $230
MLS Listing ID 73486046
HOA Y/N false
Year Built 1970
Annual Tax Amount $17,936
Tax Year 2025
Lot Size 0.460 Acres
Acres 0.46
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.
Location
State MA
County Worcester
Area Greendale
Zoning BL-1
Direction Corner of West Boylston Street and Andover Street.
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Rubber
Others
Senior Community false
Listed by RE/MAX Partners
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