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142 Highland Street, Worcester, MA 01609
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$1,200,000
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Home Details for 142 Highland Street
Price
$1,200,000
Type
Commercial/Industrial
Total Bathrooms
4
Year Build
1920
Sq. Ft.
6024
Lot Size
0.13
County
Worcester
Tax
$17,360.11
MLS®️ Listing#
73349722
On exitrealty.com
231 days
Property Description
This mixed-use building sits on a prime corner lot at Highland Street and West Street, offering a great investment opportunity near WPI. The property includes both commercial and residential space, making it ideal for investors, student rentals, or owner-operators looking for a live-work setup. The first-floor retail space and second-floor apartment will be delivered vacant, as well as the third-floor apartment. Momo Palace, the current commercial tenant, has two years remaining on a gross modified lease at $2,441.71 per month, with separate utilities paid by the tenant. The location offers high visibility and steady foot traffic, making the retail space well-suited for a small business. Nearby restaurants, shops, and attractions add to the property's appeal. With strong rental demand and a growing local economy, this is a rare opportunity in a sought-after Worcester neighborhood.
- Water Features
- Public
- Utilities
- Natural Gas Available
Listing Courtesy: RE/MAX Partners - 508-635-1600. Presented by: James Kalogeropoulos
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2025 MLS Property Information Network, Inc. All Rights Reserved.
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Market statistics compiled from data from Massachusetts Association of REALTORS.
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