Investment Overview
9 Hammond Street is a renovated 2.5-story office building of about 6,000 SF in Worcester’s Webster Square area. The sale includes the parking lots on either side of the building at 7 and 11A Hammond Street. The building has been significantly improved under current ownership. Improvements include updated interiors, forced-air heat and central A/C, and a finished lower level that adds usable space. The half story is built out as a one-bedroom unit. It can be rented for extra income or kept as a private suite for an owner.
The parking is what sets this property apart. The two lots are paved, lighted and fenced and add up to about 13,300 SF. Few small office buildings in Worcester have this much dedicated on-site parking. The combined site is ±0.47 acres (20,615 SF) and zoned BL-1 (Business, Limited). At lease one of the lots may be developable.
The property suits an owner-user such as a professional office, medical or wellness practice, nonprofit or service business, or an investor.
Investment Highlights
- ±6,000 SF renovated 2.5-story office building, including a finished lower level
- Includes 7 and 11A Hammond St: about 13,300 SF of paved, lighted, fenced parking on both sides of the building
- One-bedroom unit on the half story, for rental income or an owner’s suite
- ±0.47 acres (20,615 SF) combined across three assessor’s parcels
- Zoned BL-1 (Business, Limited)
- Fits an owner-user or an investor: professional office, medical or wellness, nonprofit or service users
- Webster Square location off Main St, close to Park Ave, Route 12, Route 9 and WRTA bus lines
- Quick access to downtown Worcester, I-290 and the Mass Pike