173 Grove Street

Description:

Kelleher & Sadowsky Associates, Inc. is pleased to offer a unique investment opportunity at 173 Grove Street, Worcester, Massachusetts. This highly visible property benefits from strong traffic counts along Grove Street and is conveniently located within walking distance to numerous amenities on Grove Street, Park Avenue, and West Boylston Street — including the newly developed Trolley Yard retail center. The site offers excellent highway accessibility with close proximity to Route 9, I-190, and I-290.

The main building comprises approximately 11,500 square feet across two floors and is currently occupied by five tenants on short-term leases, providing immediate income potential with future flexibility for an end user. Additionally, the property includes three fully leased outbuildings situated at the rear of the lot.

The entire property is being offered as-is, with short-term rental agreements in place, making it ideal for either an owner-user or an investor seeking a well-located, adaptable asset. Detailed lease and financial information are available upon request - contact us today to schedule a tour.

Positioned for success, the area is nestled within close proximity to elite educational institutions such as Worcester Polytechnic Institute and Clark University, creating a fertile environment for cutting-edge research and innovation. Nearby attractions, including the Worcester Art Museum and the Hanover Theatre for the Performing Arts, add an enriching cultural dimension to the area, attracting talented professionals and patrons alike. With easy access to major highways and public transportation, this locale offers an ideal setting for an office or office building investment, promising a harmonious balance of work and leisure.

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