For Sale

78 Worcester Road, Webster, MA for sale

78 Worcester Road,
Webster, MA 01570

Asset Snapshot

Full Service
Retail Subtype
1998
Year Built
1
Floor Count
1
Building Count
1.28 Acres
Land Area

Offering Summary

Investment Overview

An excellent opportunity to acquire or lease a multi-tenant retail plaza in Webster, Massachusetts, offering an established commercial setting with existing tenants and rental income. The property presents an attractive opportunity for investors seeking an income-producing commercial asset, as well as businesses looking to establish a presence within an existing retail environment. The plaza benefits from an established tenant base, providing an existing foundation for rental income and an opportunity for a new owner to continue the property’s operation as a commercial investment. For investors, the property offers the potential to build upon the existing tenancy, strengthen occupancy, and pursue long-term value through effective leasing and property management. For prospective tenants, the property offers an opportunity to join an established retail destination in Webster. The plaza may appeal to a variety of neighborhood-serving businesses, specialty retailers, personal service providers, and other commercial operators seeking space within an existing multi-tenant setting, subject to available space and applicable use approvals. Situated along Worcester Road, the property benefits from a location within Webster’s established commercial market, serving the surrounding residential population and broader local trade area. Its position within the town’s commercial corridor offers convenient access for customers, employees, and neighboring communities. With existing tenancy (Webster Laundry, Sally Beauty, Divine Nail Space, & The Vault), rental income, and the potential to accommodate a variety of commercial businesses, 78 Worcester Road represents an appealing opportunity for investors and owner-operators seeking retail property. The proximity of 78 and 82 Worcester Road presents an opportunity to establish a potential shared parking arrangement through a negotiated ground lease or reciprocal parking agreement. This could provide additional parking flexibility for both properties, improve overall site functionality, and support a broader range of retail, commercial, and alternative development opportunities. Available for sale or lease. Additional information regarding tenant occupancy, lease terms, rental income, operating expenses, and available space can be provided to qualified purchasers and prospective tenants upon request.


Investment Highlights

  • Land Area: ±1.27 acres
  • Building Size: ±13,600 SF
  • Year Built: 1998
  • Utilities: Public Water & Sewer
  • Zoning: GB 5
  • Existing Tenants: Four (4)
  • Vacancy: ±3,600 (Subdividable ±1,800)
  • Existing Net Operating Income (NOI): $248,670
  • Asking Price: $2,475,000
  • Lease Rate: $16.00 per S/F plus NNN Expenses

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$2,475,000
Asking Price

Investment Sales Broker

Drew Higgins
Kelleher & Sadowsky Associates

Market Insights