Commercial property
for sale in Worcester.

Worcester's commercial inventory includes retail strip centers and freestanding buildings, industrial warehouses and manufacturing plants, office buildings (Class A downtown and suburban), multifamily apartment buildings, mixed-use properties, and development land. Prices range from under $500,000 for small retail or flex buildings to $10M+ for institutional-quality assets.

A capitalization rate (cap rate) is the ratio of a property's net operating income to its purchase price, expressed as a percentage. In Worcester, cap rates generally range from 6% to 9% as of 2026, depending on property type, tenant quality, and building condition. Stabilized net-lease retail trades at 6-7%, while value-add industrial and multifamily properties can offer cap rates of 8-9% or higher with upside potential. By comparison, similar assets in Greater Boston trade at 4-6%.

Yes. An SBA 504 loan is a U.S. Small Business Administration financing program designed for owner-occupied commercial property purchases. SBA 504 loans allow as little as 10% down payment, offer fixed interest rates for up to 25 years, and can be used for purchasing buildings, land, or major renovations. They are widely used in Worcester, where many industrial and retail properties fall within SBA eligibility thresholds.

Worcester has emerged as one of New England's most compelling commercial real estate investment markets. The city offers higher yields than Boston with a diversified economy, growing population, significant infrastructure investment (including the Polar Park development district), and prices below replacement cost in many asset classes.

Many of the best commercial real estate deals in Worcester never hit the open market. Working with a local broker who has established relationships with property owners, attorneys, and other brokers is the most reliable way to access off-market opportunities. Contact Lornell Real Estate to discuss your acquisition criteria.