295 Southbridge St, Worcester, MA 01608

$1,300,000

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List Price
$1,300,000
Status
ACTIVE
MLS#
73535513
Acres
0.63

Property Description

295 Southbridge Street is a ±0.63-acre (27,443± SF) paved, unimproved development site positioned at the convergence of SouthbridgeStreet and Jackson Street in Worcester's Canal District. Offered at $1,300,000, the property presents a rare opportunity to acquire ashovel-ready parcel in one of Central New England's most active urban development corridors, carrying BG-6.0 zoning — thehighest-density commercial classification in the City of Worcester. The parcel is offered as a standalone lot. The abutting parcels to the north (63 Jackson St, ±0.96 ac) and northeast (241 Southbridge St,±0.48 ac, with existing building) have been sold to separate owners and are not available for assemblage.BG-6.0 zoning permits a 6:1 floor-area ratio by right with no maximum height limit and no minimum setbacks. Multifamily high-rise andlow-rise, hotel, medical, office, retail, life sciences, and cannabis dispensary uses are all permitted by right. See attached OM

Additional Information

Taxes
$7,072
Lot Desc
Level
Lot Size
27,443
Sewer
Public Sewer, Other
Water Source
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Andrea Beth Castinetti from Listing Office: Castinetti Realty Group.

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