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3 Days on market
163 Washington St Worcester — Photo 1 of 1

163 Washington St Worcester — Photo 1 of 1

$2,100,000

Investment Analysis — 163 Washington St

Worcester, MA 01610

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01610 carries an estimated $1,520/mo in gross rent — about a -0.53% cap rate and $-11,135/yr in estimated NOI at the $2,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

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Prime location in the heart of the city. Looking to build your franchise or next business venture look no further. This location is your next best move. Bring your expansion ideas into this area of the city that is expanding and building your best business opportunity. Just walking distance to Polar Park. So, build a business, a parking garage, restaurant, fast food venue. Anything established here is going to flourish beyond measure. Don't miss the opportunity. Rare opportunity property features include a well-maintained commercial building with multiple private offices, conference rooms, and large garage bays suitable for service vehicles, storage, or light industrial use. Ample space allows for expansion or adaptation to a variety of business uses. Ideal for an owner-user looking to move their existing operation or for an investor/business owner seeking a versatile commercial property with significant upside potential.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$2,100,000
Annual Taxes$24,997

Parking

Garage0
Off-Street0

Interior Specifications

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BasementNone

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WaterPublic
SewerPublic Sewer

Building & Exterior

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ZoningBG-3

Property & Lot

Acres--
SqFt Lot0.45
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship

Geography

Property History

Listed
$2,100,000

Sep 22, 2026

MLS® 73581177

Listed
$400,000

Sep 22, 2026

MLS® 73581171

Listing Provided By

Listing Agent: Karen Milhem

Listing Office: Media Realty Group Inc.

MLS® Number: 73581177