Owner/User Investment Opportunity - Mixed-Use Retail & Residential

79 Worcester Street North Grafton, MA 01536

79 Worcester Street, North Grafton, MA, 01536
79 Worcester Street, Grafton, MA
79 Worcester Street, North Grafton, MA, 01536 79 Worcester Street, North Grafton, MA, 01536 79 Worcester Street, North Grafton, MA, 01536 79 Worcester Street, North Grafton, MA, 01536 79 Worcester Street, North Grafton, MA, 01536 79 Worcester Street, North Grafton, MA, 01536 79 Worcester Street, North Grafton, MA, 01536 79 Worcester Street, North Grafton, MA, 01536 79 Worcester Street, North Grafton, MA, 01536
FOR SALE
Property Type:
Strip Center
Amount:
$1,250,000
Last Verified:
Jul 23, 2024

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Highlights

  • Excellent Owner/User Investment Opportunity with In-Place Income.
  • Favorable Traffic Counts - 15,053 ADT (Worcester Street).
  • Single Tax Rate - Grafton benefits from a single tax rate, currently set at a low $14.31 per thousand.
  • Well Known Local Retail Strip Center.

Description

SVN® Parsons Commercial Group - Boston is pleased to present for sale 79 Worcester Street, Grafton, MA (the “Property”), a 7,658± square foot, mixed use retail and residential asset. The property sits on Route 122 with ±102' of frontage on 0.28± acres.

There are 8 units, 100% occupied, however, with flexible tenant terms allowing for an owner/user opportunity.

79 Worcester Street is located directly on Route 122 in the heart of North Grafton's commercial market area and conveniently located less than 3 miles from the Mass Pike (I-90).

Grafton is situated in central Massachusetts, approximately 40 miles west of Boston. It's bordered by several other towns, including Northbridge, Upton, Westborough, Millbury, Sutton, and Shrewsbury. Grafton is accessible by several major roadways, including Interstate 90 (the Massachusetts Turnpike) and Interstate 495.

The town also has a commuter rail station, providing access to Boston and other destinations via the MBTA's Worcester Line.


Year Built: 1984
Building Size: 7658sq ft
Lot Size: 0.28 acres

Map of 79 Worcester Street, North Grafton, MA, 01536

Presented by:
SVN | Parsons Commercial Group | Boston

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Marilyn Santiago


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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