166 Shrewsbury Street, Worcester, MA 01604
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$1,295,000
Type: Mixed Use
Lease Type N/A
SQFT: N/A
N/A Restrooms
Parking: N/A

Property Description

Business is negotiable! Furniture, fixtures, equipment and first floor business can be purchased for $200,000. This stunning commercial building offers a unique blend of business and residential spaces. It features three distinct units, including a ground-level restaurant and two second story apartments. Nestled in the heart of a vibrant business district, the location ensures excellent visibility and foot traffic. Its prime position within the sought-after restaurant row adds to its appeal. The space is very versatile and may be used as retail or office in the future. It’s an ideal investment for those looking to capitalize on a thriving area. The building currently brings in $65,000 annual income, based on modified gross lease. The two apartments are currently unfinished. Permits will need to be obtained and will require a sprinkler system to be installed.

Property Details tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Conforming
  • MLS ID#: 73329618

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/14/2025Active$1,295,000MLSPIN
03/10/2025Price Change$1,295,000MLSPIN
02/01/2025Active$1,450,000MLSPIN
01/27/2025New$1,450,000MLSPIN
12/01/2024Expired$1,495,000$310MLSPIN
09/20/2024Active$1,495,000$310MLSPIN
09/16/2024Price Change$1,495,000$310MLSPIN
06/05/2024Active$1,600,000$331MLSPIN
06/01/2024New$1,600,000$331MLSPIN

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Seller's Representative: James Kalogeropoulos, RE/MAX Partners
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-14 03:05:00