Markets We Serve
Leicester, Massachusetts
Commercial Real Estate
Leicester is a town in Worcester County located along Route 9, approximately 5 miles west of Worcester. The town includes the villages of Cherry Valley, Rochdale, and Greenville, with a mix of residential neighborhoods and commercial corridors serving the greater Worcester area.
11,076
Population
$11.77
Tax Rate / $1,000 (FY2025)
3
Available Properties
$95,776
Median Household Income
Commercial Corridors
Key Business Districts
Main Street/Route 9
Primary commercial corridor through Cherry Valley
South Main Street
Historic mill district with flex/industrial space
Stafford Street
Commercial and light industrial uses
Zoning
Zoning Districts
Regional Access
Transportation
Route 9: 5 minutes to Worcester, connects to I-290
I-90 (Mass Pike): Exit 10 provides direct highway access
Route 56: North-south connector to Paxton and Spencer
Economic Base
Major Employers
Leicester Public Schools
Education
Historic Leicester Mill (Multi-Tenant)
Flex/Industrial
Cherry Valley Water District
Utilities
Price Chopper
Grocery Retail
Leicester Business Association Members
Various
Investment Thesis
Why Leicester?
Leicester offers some of the lowest property tax rates in Worcester County at $11.77 per thousand (FY2025), significantly below the state average. The Historic Leicester Mill provides 74,745 SF of flex/industrial space with multiple tenants, representing one of the largest adaptive reuse projects in the region. Direct I-90 access and proximity to Worcester make it ideal for distribution and light manufacturing.
Common Questions
Leicester Commercial Real Estate FAQ
Leicester offers flex and industrial space, notably the Historic Leicester Mill with 74,745 SF of multi-tenant space. The Main Street and Route 9 corridor provides retail and professional service opportunities in Cherry Valley. South Main Street features the historic mill district with flex and industrial options.
Local Insights
Market Momentum
Historic Leicester Mill (74,745 SF) maintains high occupancy as one of the region's largest adaptive reuse projects
Tax rate of $11.77/thousand is among the lowest in Worcester County, attracting cost-sensitive tenants
Residential growth in Cherry Valley is increasing demand for neighborhood retail and services
Direct I-90 access at Exit 10 continues to drive interest from distribution and light manufacturing users
Available Listings
Our Properties in Leicester
Flex
21-69 S Main St
Leicester, MA
Multifamily
993 Main St
Leicester, MA
Multifamily
997 Main St
Leicester, MA
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For Property Owners
Thinking of Selling in Leicester?
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Market data last updated: December 2024. Sources: Town Assessor, U.S. Census, MA DOR.