Opportunity awaits with this versatile warehouse property offering approximately 5,400 square feet of main-level space plus an additional 3,850 square feet in the unfinished basement. Conveniently located in Worcester near major highways, small businesses, hospitals, and dense residential neighborhoods, this property is well-positioned for a variety of commercial uses. Whether you're looking for a space to operate a warehouse, launch a manufacturing business, or redevelop into multiple units, the potential here is substantial. The building does require rehab, making it a great fit for experienced investors or developers ready to add value. The layout lends itself to possible subdivision, opening doors for creative repurposing. With demand growing in Worcester for commercial and mixed-use spaces, this is a smart play in a high-visibility location. Bring your vision and unlock the full potential of this property.
74 Water Street, Worcester, MA, 01604
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.
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