Active
1 Days on market
407 Main Street #2 Worcester — Photo 1 of 11

407 Main Street #2 Worcester — Photo 1 of 11

$599,900

407 Main Street #2, Worcester, MA 01608

Worcester, MA 01608 — Downtown

Beds

--

Baths

2

SqFt

4,784

Style

Other

Built

1890

Excellent opportunity to acquire an oversized retail condominium in the heart of downtown Worcester. The unit offers more than 3,000 square feet on the main level, along with valuable additional space in the basement for storage and operations. Originally built for McDonald’s and occupied by a pizza restaurant for approximately 15 years, the property is well suited for another quick-service or fast-casual restaurant concept, as well as a variety of retail uses. Surrounded by established businesses, ongoing development, and continued investment throughout downtown Worcester, this property presents an exciting opportunity for an owner-operator or investor looking to establish a presence in the city’s growing urban core.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$125/sqft
Local Avg (Worcester)$217/sqft
42% BelowMarket Average

* Analysis is based on 11 actively listed and recently sold comparable properties strictly within Worcester, MA.

Property Details

Financials

Original Price$599,900
Annual Taxes$16,614
HOA Fee$326

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
Roof--
Foundation--
ZoningBG-6

Property & Lot

Acres0.03
SqFt Lot1,487
Lot Features--

Geography

Population

4,932

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$46K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

94.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: James Kalogeropoulos

Listing Office: RE/MAX Partners

MLS® Number: 73573396

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