42 Lake Ave - Office FOR SALE


Worcester, MA 01604
$975,000 USD
774-272-1112
42 Lake Ave, Worcester, MA for Sale
$975,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

42 Lake Ave
Worcester, MA 01604


HIGHLIGHTS

  • 28-space off-street parking
  • Across from UMass Memorial & UMass Chan Medical School
  • Minutes from White City Plaza

OVERVIEW

Drew Higgins & Brian Johnson of Kelleher & Sadowsky are pleased to introduce the availability of 42 Lake Avenue, Worcester, Massachusetts as available for sale. The ±8,186 square foot building offers three floors of professional office space with a 28-space off-street parking lot. The property is conveniently located on Lake Avenue near Route 9 and Route 20, providing access to I-290 and I-190. In addition, the property is within a 5-minute drive of area amenities that include restaurants, banks & shopping along Shrewsbury Street, White City Plaza, Lakeway Commons and Quinsigamond Plaza. 42 Lake Avenue, Worcester is located across from the UMass Memorial Medical Center’s University Campus and the UMass Chan Medical School. There are currently two tenants in the building on an at-will basis, making this a great owner-occupant opportunity for a growing business or a value-add opportunity for an investor.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

BL-1

APN/PARCEL ID

WORC-000017-000012-000036-000037

ASK ABOUT THIS PROPERTY

Brian JohnsonKelleher & Sadowsky Associates, Inc.More Info
774-272-1112

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Brian JohnsonKelleher & Sadowsky Associates, Inc.More Info
774-272-1112

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