Office Space
241 Southbridge Street Worcester, MA 01608
Details & Description
Price: $5,250,000
    Kelleher & Sadowsky Associates is pleased to introduce the following development opportunity to the market. This site is located in the heart of Worcester with immediate access to the Canal District and within walking distance to the new Polar Park, home to the Worcester Red Sox. These prime parcels total approximately ±2.07 acres of land and are located in a business-friendly commercial zone (BG 6.0) that provide for any number of end uses including office, residential development, retail, cannabis, restaurant uses, and life sciences. The property is minutes from Downtown Worcester, Interstate 290, Route 146, and within close proximity to UMass Memorial Hospital, St. Vincent Hospital, WRTA, and Union Station Please feel free to call Drew Higgins or Paul Matt for more information or a tour of the building.
    Additional Photos
    Listing Agents
    Drew Higgins

    O: 508-635-6784
    M: 508-735-1783
    higgins@kelleher-sadowsky.com
    Paul Matt

    O: 508-635-6781
    M: 508-846-8800
    pmatt@kelleher-sadowsky.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    241 Southbridge Street

    Worcester, MA 01608

    Listing ID: 293688
    • 241 Southbridge Street Worcester, MA 01608 | for Sale | Photo 1
    • 241 Southbridge Street Worcester, MA 01608 | for Sale | Photo 2
    • 241 Southbridge Street Worcester, MA 01608 | for Sale | Photo 3
    • 241 Southbridge Street Worcester, MA 01608 | for Sale | Photo 4
    • 241 Southbridge Street Worcester, MA 01608 | for Sale | Photo 5
    241 Southbridge Street | for Sale | Thumbnail 1
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    241 Southbridge Street | for Sale | Thumbnail 5
    Building Size: 15,000 SF
    Lot Size: 2.070 AC
    Land Size: 90,169 SF
    Building $/SF: $350.00
    Land $/SF: $58.22
    Price
    $5,250,000
    Description

    Kelleher & Sadowsky Associates is pleased to introduce the following development opportunity to the market. This site is located in the heart of Worcester with immediate access to the Canal District and within walking distance to the new Polar Park, home to the Worcester Red Sox. These prime parcels total approximately ±2.07 acres of land and are located in a business-friendly commercial zone (BG 6.0) that provide for any number of end uses including office, residential development, retail, cannabis, restaurant uses, and life sciences. The property is minutes from Downtown Worcester, Interstate 290, Route 146, and within close proximity to UMass Memorial Hospital, St. Vincent Hospital, WRTA, and Union Station Please feel free to call Drew Higgins or Paul Matt for more information or a tour of the building.

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    Worcester History of Office Space for Sale

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    Worcester Area Market Trends

    Listing Demographics for 241 Southbridge Street Worcester, MA 01608

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population36,952145,861229,458
    Population Median Age363738
    Population by Age0-9 Yrs3468 (9%)14022 (9%)23527 (10%)
    10-19 Yrs5029 (13%)21487 (14%)32077 (13%)
    20-29 Yrs8421 (22%)28626 (19%)39475 (17%)
    30-39 Yrs5830 (15%)19912 (13%)30455 (13%)
    40-49 Yrs3992 (10%)16804 (11%)28069 (12%)
    50-59 Yrs4331 (11%)17661 (12%)29702 (12%)
    60-69 Yrs3454 (9%)14139 (9%)23650 (10%)
    70+ Yrs2427 (6%)13211 (9%)22504 (9%)
    Median HH Income$33,973$48,174$59,111
    Total Household Income< 24K6037 (39%)16008 (28%)21230 (23%)
    25-49K3965 (26%)13086 (23%)18389 (20%)
    50-74K2289 (15%)8859 (15%)13884 (15%)
    75-99K1094 (7%)5917 (10%)10297 (11%)
    100-199K1505 (9%)10493 (18%)20188 (22%)
    200K+235 (1%)2265 (3%)5254 (5%)
    Highest Education LevelNo Diploma57421483219046
    Diploma or GED76562833842845
    Some College39421627326352
    Assoc. Degree1907750512368
    Bachelors Degree28151708430755
    Higher Degree14551075221354
    Total Housing Units16,75761,99296,344
    --Owner-Occupied2,33121,83643,773
    --Renter-Occupied12,79534,79245,468
    Owner-Occupied Values< 100K29311912032
    100-199K94755538934
    200-299K652927117397
    300-399K24838218997
    400-499K12310403228
    500K+679603186
    Total Working Age Population31,101121,615190,030
    In Work Force17,54973,578119,303
    Not In Work Force13,55248,03670,727
    Workforce Employed16,37769,739113,223
    Workforce Unemployed1,0923,7235,901
    Civlian Workforce17,46973,462119,124
    Military Workforce80116180
    Total Households15,12556,62889,241
    Family Households6,40629,72450,334
    Non-Family Households8,71926,90438,907
    Married Couple2,75217,95832,507
    Other Family3,65411,76717,827
    Married w/Child9887,03613,211
    Single Male w/Child2089952,019
    Single Female w/Child1,7665,2137,407

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Massachusetts6,349,097+36,547,629+66,933,887+47,225,472
    Worcester County750,963+6798,552+5838,577+5876,966

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 241 Southbridge Street in Worcester?
    The asking price for 241 Southbridge Street is $5,250,000
    What is the building size of this Office property in Worcester, MA?
    The size of the building/unit at 241 Southbridge Street in Worcester is 15,000 square feet
    How much land does the Worcester, MA property at 241 Southbridge Street include?
    241 Southbridge Street in Worcester includes 2.070 acres of land
    What kind of Office is the propery at 241 Southbridge Street?
    The property at 241 Southbridge Street Worcester, MA 01608 is listed as a Professional Office property
    What is the population within 1 mile of 241 Southbridge Street in Worcester?
    The population within 1 mile of 241 Southbridge Street Worcester, MA 01608 is 36,952 people.
    Who do I contact for questions about 241 Southbridge Street?
    You should contact the listing agent, Drew Higgins, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Theodore Francis Green State Airport (PVD) 41
    General Edward Lawrence Logan International Airport (BOS) 42
    Bradley International Airport (BDL) 50