617-590-7707
50 Franklin St, Worcester, MA for Rent

$22.00 USD /SF/yr

Retail - For Rent
1/20
5,000-15,000 SF | 1 Space

50 Franklin St
Worcester, MA 01608
Downtown Worcester


HIGHLIGHTS

  • This ground floor restaurant space benefits from excellent foot traffic and a built-in consumer base thanks to 250 on-site apartment units.
  • The space is subdividable or can be rented in whole, allowing for flexible possible configurations.
  • More apartment buildings are nearby as well, all food and entertainment concepts are likely to do well in this location with an experienced operator.
  • Close proximity to Worcester Commons and various offices should also help catering and commercial kitchens provide on demand food services to the area

OVERVIEW

Opportunity to lease one or both of two fully built-out restaurant spaces, located on the ground floor of a prominent 250-unit residential building directly across from Worcester Common. Each restaurant space consists of approximately 4,300 square feet of front-of-house space and 1,300 square feet of back-of-house kitchen space. Additionally, a 1,500-square-foot entertainment or private dining area is available, complete with a state-of-the-art sound and lighting system. Each space includes a full bar setup with 30 and 40 tap lines, making it ideal for a high-volume beverage program. A shared kitchen concept allows for subdivision, offering flexibility for different culinary ventures. The entire space is handicap accessible and features additional parking for convenience. Located in the heart of downtown Worcester, this property is surrounded by a growing residential and business community, offering a prime opportunity to establish or expand a restaurant or entertainment concept.

RENTAL DETAILS

SPACE AVAILABLE

5,000-15,000 SF

# OF SPACES

1

RENT/MONTH

$9,167+ USD /mo

RENT RATE (MO)

$1.83 USD /SF/mo

RENT RATE (YR)

$22.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

3-15 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

238,680 SF

YEAR BUILT

1912

PARKING SPACES

600

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

C

ASK ABOUT THIS PROPERTY

Mark BelenkiiCRG CommercialMore Info
617-590-7707

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

Mark BelenkiiCRG CommercialMore Info
617-590-7707

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