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521 Main StWorcester, MA 01608

Worcester County

$1,250,000List price
1930Year built
0.04Acre lot
4 weeks agoOn market

Description

This is a rare opportunity to own a prime piece of real estate in the center of Worcester. The first floor is a restaurant and floors 2-4 can be residential units or an expansion of the restaurant. Being the only Chinese restaurant in downtown Worcester, the Great Wall has been the go-to place for Chinese food not only to people working in downtown area, but also for tourists and those going to various events in the Hanover Theater on the next block. The Polar Park, less than 0.5 mile away, also helps to drive up the revenue. A significant renovation was completed in 2019 including building the entire back wall, the HVAC system, the fire prevention system, and more. Further, an architectural drawing has been made for two large residential units. The upper unit, spanning the 3rd and the 4th floors, has 4 BRs with 3.5 baths. The unit on the 2nd floor has three BRs and two full baths. You can also make the entire building a fancy multifunctional restaurant and/or for other creative use.

Property Information

Property type
Commercial Sale
Year built
1930
Lot size
0.04 acres
Zoning
BG-6
Days on market
28
MLS® Listing#
73573698

Property Features

Financial Details

HOA
None
Annual taxes
$11,172Tax year 2025
Parcel number
M:03 B:013 L:00003,1763870

Directions

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Listing Courtesy: StartPoint Realty - 9784223999

Presented by: Hui Joseph Zou

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