Worcester, MA

72,820 SF   |   $3,000,000   |   Parking: 51 Spaces

41 Fremont includes 72,820 SF of office and industrial space located in the heart of Worcester, MA. The building includes 6,500 SF of lab space that was built out in 2023, 1,400 SF of finished office space and 46,660 SF of first floor warehouse space. Occupancy is flexible making this ideal for a value-added investor looking to increase NOI through immediate lease-up process. Current ownership replaced a significant portion of the roof, brought life safety systems to code, subdivided warehouse spaces and built out a class A modern lab space. The sale includes 51 spaces located across Fremont Street. This 100+ year old building may qualify for the Historic Tax Credit program, providing rebates of up to 40% of qualified construction costs.

Worcester is one of the fastest growing cities in New England. With direct rail access to Boston, 2,000+ residential units under construction, two major hospitals and top colleges, including Worcester Polytechnic Institute, the city is posed for continued success. Fremont Street is a rapidly evolving industrial district seeing an influx of mixed use and creative uses.