65 Water Street is a partially stabilized commercial asset in Worcester’s Canal District, offering a blend of in-place income and value-add potential. The property generates approximately $55,500 annually from a dance studio tenancy and billboard revenue, with additional upside from a tenant-ready, ground-level space in the rear building. The rear building is intact and occupied, while the front building has been cleared to a clean shell following a prior isolated fire/water event, allowing efficient buildout without demolition. Ownership has completed key capital improvements, including a new roofing system and two new HVAC units. The site includes approximately 22 on-site surface parking spaces and benefits from nearby municipal parking, both of which are valuable amenities in this neighborhood.
22,400 Sq Ft
0.33 Acres privados Tamanho do lote
comercial
2467 US$ Imposto mensal
Construído em 1900
MLS/ID do anúncio 73508001
CUSTO MENSAL TOTAL
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