$2,490,000
50 Water Street
Worcester, MA, 01604
Turnkey mixed-use investment opportunity! This fully renovated 4-unit property features a restaurant on the ground floor and three upscale residential apartments above. Every unit has been updated with high-end finishes, offering modern style and durability for years to come. The building is fully leased, professionally managed, and maintained to the highest standard with no deferred maintenance—making it a truly hassle-free asset. Strong rent roll provides reliable income, while the combination of commercial and residential tenants creates long-term stability. An ideal addition to any portfolio seeking quality, performance, and peace of mind.
Property Details
Price:
$2,490,000
MLS #:
73435233
Status:
Active
Beds:
0
Baths:
6
Type:
Commercial
Listed Date:
Sep 24, 2025
Finished Sq Ft:
6,343
Total Sq Ft:
6,343
Lot Size:
6,380 sqft / 0.15 acres (approx)
Year Built:
1925
Schools
Interior
Exterior
Roof
Rubber
Financial
Tax Year
2025
Taxes
$22,877
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Commercial in Worcester as of May 04, 2026
45
Commercial Listed
229
Avg DOM
222
Avg $ / SqFt
$1,084,990
Avg List Price
Community
- Address50 Water Street Worcester MA
- CityWorcester
- CountyWorcester
- Zip Code01604
Subdivisions in Worcester
- Burncoat
- Community features: Public Transportation, Shopping, Pool, Medical Facility, Highway Access, House o
- Grafton/Hamilton Street Lake Park
- Hamilton of Lake Ave.
- Hammond Heights
- Lake Park
- Malden Woods
- Prime West Side- Salisbury Street Area
- Quiet Cul-de-sac off Mill Street on top of the hill with spectacular views of the city horizon.
- Rice Square
- Salisbury Street
- Tatnuck
- West Side
- West Side/Tatnuck
Similar Listings Nearby
Property Summary
- 50 Water Street Worcester MA is a Commercial for sale in Worcester, MA, 01604. It is listed for $2,490,000 To schedule a showing of MLS#73435233 at 50 Water Street in Worcester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of RE/MAX Partners. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
50 Water Street
Worcester, MA