$875,000

342 West Boylston Street, Worcester, MA 01606

  • 2 baths |
  • 3,360 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $260/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Rare redevelopment and value-add opportunity. This 3,360 sq.ft former fast-food retail building presents an excellent repositioning opportunity for investors, developers, or owner-users. The existing structure requires renovation and is well suited for restaurant, retail, or office use. In addition, the property benefits from completed approvals and development proposals for a 24-unit multifamily project, offering significant long-term upside for residential redevelopment. Located in a highly affluent commercial corridor with convenient access to a major highway, the property is surrounded by strong economic drivers including an Amazon distribution center, Chase Bank, and numerous national and regional food franchises. The combination of redevelopment potential, strong demographics, and proximity to major employers makes this a compelling opportunity for investors seeking long-term growth in a high-demand area.

Listing Status:
Active
Date Added:
March 12, 2026
Data Last Updated:
April 5, 2026 at 7:07AM
Listing Office:
RE/MAX Partners : 508-635-1600
Listing Agent:
James Kalogeropoulos : 508-635-8259
MLS ID:
73486046
  • Roofing: Rubber
  • Originating MLS: MLS Property Information Network
  • County: Worcester
  • Zoning: BL-1M:12 B:007 L:000091773927
  • Utilities: Public WaterPublic Sewer
  • Source: MLS Property Information Network

This listing courtesy of James Kalogeropoulos , RE/MAX Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thorndyke Road

30 Thorndyke Rd, Worcester, MA, 01606

Grades KG-6

0.69 miles away

B

Burncoat Middle School

135 Burncoat St, Worcester, MA, 01606

Grades 7-8

0.73 miles away

B

Burncoat Senior High School

179 Burncoat St, Worcester, MA, 01606

Grades 9-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.