415 Main St

Executive Summary

415 Main Street is one of the best-known addresses downtown, and this is the fourth-floor condominium unit for sale in the building, a 27,012 SF four-story masonry building. The third-floor unit just sold, which tells you there are buyers who want to be at this address. The fourth floor runs about 3,500 SF and comes to you vacant with the lab/flex buildout already in place from its last life as a laboratory testing facility. You get a dedicated reception area, several private offices, conference rooms, and open work areas. It's set up as commercial lab/flex today, but the BG-6 zoning is about as open as it gets. It permits residential, office, medical, day-care, food service, manufacturing, R&D, laboratories, arts and entertainment venues, and more, so you can take it in almost any direction. Four passenger elevators serve the building, and you're close to the Worcester Courthouse and Saint Vincent Hospital, with Union Station commuter rail within walking distance for a direct ride to Boston. The DCU Center, Polar Park (Worcester Red Sox), the Hanover Theatre, the Worcester Art Museum, Canal District dining, and Elm Park are all nearby. At $200,000 for about 3,500 SF of condo space, this is one of the most affordable office acquisition opportunities in any major MA city.