Worcester, MA 01604,50 Water Street
Worcester, MA 01604,50 Water Street
Worcester, MA 01604,50 Water Street
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$2,490,000
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6,343 SqFt
Active

50 Water Street Worcester, MA 01604

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,343 sqft

Price per Sqft $392

MLS Listing ID 73435233

HOA Y/N false

Year Built 1925

Annual Tax Amount $22,876

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Turnkey mixed-use investment opportunity! This fully renovated 4-unit property features a restaurant on the ground floor and three upscale residential apartments above. Every unit has been updated with high-end finishes, offering modern style and durability for years to come. The building is fully leased, professionally managed, and maintained to the highest standard with no deferred maintenance—making it a truly hassle-free asset. Strong rent roll provides reliable income, while the combination of commercial and residential tenants creates long-term stability. An ideal addition to any portfolio seeking quality, performance, and peace of mind.

Location

State MA

County Worcester

Zoning BG-3

Direction Corner of Water Street and Pond Street.

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts, Three Phase

Roof Type Rubber

Total Parking Spaces 15

Others

Senior Community false


Listed by RE/MAX Partners

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Jacob Hiatt Magnet

    Public | PK - 6

  • 6

    Flagg Street

    Public | KG - 6

  • 6

    Midland Street

    Public | KG - 6

  • 5

    May Street

    Public | KG - 6

  • 5

    Nelson Place

    Public | PK - 6

  • 5

    Union Hill School

    Public | PK - 6

  • 5

    Belmont Street Community

    Public | PK - 6

  • 5

    Thorndyke Road

    Public | KG - 6

  • 5

    Lake View

    Public | KG - 6

  • 4

    Columbus Park

    Public | PK - 6

  • 4

    Woodland Academy

    Public | PK - 6

  • 4

    Canterbury

    Public | PK - 6

  • 4

    Roosevelt

    Public | PK - 6

  • 3

    Francis J Mcgrath Elementary School

    Public | PK - 6

  • 3

    Vernon Hill School

    Public | PK - 6

  • 3

    City View

    Public | PK - 6

  • 3

    Rice Square

    Public | KG - 6

  • 2

    Seven Hills Charter School

    Public | KG - 8

  • 2

    Grafton Street

    Public | PK - 6

  • 2

    Lincoln Street

    Public | PK - 6

Middle Schools 9
  • 6

    University Pk Campus School

    Public | 7 - 12

  • 3

    Claremont Academy

    Public | 7 - 12

  • 3

    Forest Grove Middle School

    Public | 7 - 8

  • 3

    Burncoat Middle School

    Public | 7 - 8

  • 3

    Worcester East Middle School

    Public | 6 - 8

  • 0

    Spirit of Knowledge Charter School

    Public | 7 - 12

  • 0

    G Stanley Hall School

    Private | 7 - 8

  • 0

    Worcester Academy

    Private | 6 - 12

  • 0

    Holy Name Central Catholic Jr/Sr High School

    Private | 7 - 12

High Schools 6
  • 7

    Ma Academy for Math and Science School

    Public | 11 - 12

  • 5

    Worcester Technical High School

    Public | 9 - 12

  • 4

    Doherty Memorial High School

    Public | 9 - 12

  • 1

    Burncoat Senior High School

    Public | 9 - 12

  • 1

    North High School

    Public | 9 - 12

  • 0

    Notre Dame Academy

    Private | 9 - 12

School and business data provided by Attom Data.

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Tracy Barber

Tracy Barber

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+1(978) 400-1617

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50 Water Street