Welcome to 107 E Central Street, a rare opportunity to acquire a 13,721 square foot parking lot located in the heart of Worcester. Zoned BG-4, this property is ideal for developers seeking a flexible space in a rapidly growing urban setting. This lot offers incredible potential for commercial, residential, or mixed-use development. Buyers are encouraged to perform their own due diligence regarding specific uses. The location is truly exceptional. The property is within walking distance of some of Worcester’s finest dining, nightlife, and cultural amenities. It is situated just steps from Alta on The Row, a major luxury apartment complex that has contributed to the area’s significant growth and revitalization. This area has become one of the most vibrant in the city, with close proximity to downtown Worcester, Polar Park, the Canal District, and Union Station. The site provides excellent visibility and accessibility, making it an ideal location for a signature development project.
107 E Central St, Worcester, MA, 01605
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
