25 Chester St - Commercial LAND FOR SALE


Worcester, MA 01605- Forest Grove701,752 SF
$3,250,000 USD
508-450-4271
25 Chester St, Worcester, MA for Sale
$3,250,000 USD
Commercial LAND - FOR SALE
1/8
701,752 SF

25 Chester St
Worcester, MA 01605
Forest Grove


HIGHLIGHTS

  • Zoning: RS-7
  • 52,936 SF Building
  • ±16.11 Acres

OVERVIEW

The property has been most recently used for educational purposes, operating as the Mercy Centre, with many classrooms and support areas, as well as a gymnasium, full-service kitchen, and auditorium. The building has elevator access to all three floors of the building and could be redeveloped for a similar education-related use. Please note that if the property is redeveloped, significant building upgrades will be required to meet current building standard requirements, fire, and life safety requirements, as well as ADA compliance requirements: Current Zoning & Allowed Uses: The property is currently zoned RS-7 by the City of Worcester. Allowed uses “by right” include the following: •Group residence •Family day care home •Day care center •Place of worship •Religious or educational uses •Schools (colleges and/or universities) •Single-family, detached dwelling •Single-family, semi-detached dwelling Should a rezoning be granted by the City of Worcester to increase development potential either by “spot zoning” or “special permit” (ideally to RL-7 or RG-5), the site may potentially accommodate more dense development opportunities such as: •Multi-family dwelling (low-rise and high-rise) •Single-family attached dwellings •Two-family and three-family development

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/ACRE

$201,738/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Day Care Center, Religious Facility, Schools, Single Family Development

LAND ACRES

16.11 AC

LAND SF

701,752 SF

OFFSITE IMPROVEMENTS

-

ZONING

RS-7

APN/PARCEL ID

WORC-000021-000032-000003

ASK ABOUT THIS PROPERTY

Jim CozzaKelleher & Sadowsky Associates, Inc.More Info
508-450-4271

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Jim CozzaKelleher & Sadowsky Associates, Inc.More Info
508-450-4271

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.