Worcester, MA Commercial Real Estate for Lease and Sale

Explore 209 listings of Worcester commercial real estate for lease and for sale to find the best space for your business.

CRE Market Stats

7 Henry St

7 Henry St, Shrewsbury Street, Worcester, MA
For Lease

$12.00/SF/YR
Property

Industrial

21,190 SF
Availability

1 Space

4,300 SF
Year Built

1900
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8-21 Oread St.

8-21 Oread Street, Beacon Brightly, Worcester, MA
For Sale

$3,550,000
Property

Multi-Family

25,606 SF
Year Built

1900
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44 West Street

44 West Street, Piedmont, Worcester, MA
For Sale

$3,750,000
Property

Other

18,270 SF
Year Built

1986
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Mercantile Center

120 Front Street, Downtown Worcester, Worcester, MA
For Lease

Contact for pricing
Property

Office

161,652 SF
Availability

8 Spaces

21,922 SF
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446 Main Street

446 Main Street, Downtown Worcester, Worcester, MA
For Lease

Contact for pricing
Property

Office

244,000 SF
Availability

25 Spaces

321,044 SF
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Warehouse/Distribution - Build to Suit

135 Brooks Street, Indian Hill, Worcester, MA
For Lease

Contact for pricing
Property

Industrial

207,120 SF
Availability

1 Space

207,120 SF
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318 Shrewsbury Street

318 Shrewsbury Street, Shrewsbury Street, Worcester, MA
For Lease

$4,000.00/MO
Property

Retail

5,200 SF
Availability

1 Space

2,500 SF
Year Built

1920
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Blanchard's 101 Diner

322 Cambridge Street, South Worcester, Worcester, MA
For Lease

$3,500.00/MO
Property

Retail

9,357 SF
Availability

1 Space

9,357 SF
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Two Chestnut Place

22 Elm Street, Downtown Worcester, Worcester, MA
For Lease

$12.00 - $19.00/SF/YR
Property

Office

44,782 SF
Availability

6 Spaces

17,355 SF
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10 Mechanic Street

10 Mechanic Street, Downtown Worcester, Worcester, MA
For Lease

Contact for pricing
Property

Office

55,545 SF
Availability

1 Space

10,354 SF
Year Built

2000
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Industrial/Flex Opportunity

60 Fremont Street, Hadwen Park, Worcester, MA
For Lease

Contact for pricing
Property

Industrial

108,688 SF
Availability

4 Spaces

47,000 SF
Year Built

1910
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1 Exchange Place

1 Exchange Place, Downtown Worcester, Worcester, MA
For Sale

Subject To Offer
Property

Retail

36,752 SF
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145 Front at City Square

145 Front Street, Downtown Worcester, Worcester, MA
For Lease

Contact for pricing
Property

Retail

612,538 SF
Availability

3 Spaces

5,609 SF
Year Built

2016
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292 Park Avenue

292 Park Avenue, Newton Square, Worcester, MA
For Lease

$2,000.00/MO
Property

Office

2,605 SF
Availability

1 Space

1,000 SF
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267 Granite Rd

267 Granite Rd, Broadmeadow Brook, Worcester, MA
For Lease

Contact for pricing
Property

Industrial

20,000 SF
Availability

1 Space

2,500 SF
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The Guaranty Building

370 Main Street, Downtown Worcester, Worcester, MA
For Lease

Contact for pricing
Property

Office

194,700 SF
Availability

7 Spaces

15,707 SF
Year Built

1971
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5 Massasoit Road

5 Massasoit Road, Grafton Hill, Worcester, MA
For Lease

$20.00/SF/YR
Property

Retail

2,142 SF
Availability

1 Space

2,142 SF
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Cutler Associates Headquarters

43 Harvard Street, Elm Park, Worcester, MA
For Lease

$17.95/SF/YR
Property

Office

30,588 SF
Availability

1 Space

7,000 SF
Year Built

1970
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80 William Street

80 William Street, Elm Park, Worcester, MA
For Lease

$16.00/SF/YR
Property

Office

14,000 SF
Availability

1 Space

14,000 SF
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75 Hammond Street

75 Hammond Street, South Worcester, Worcester, MA
For Lease

$8.00 - $10.00/SF/YR
Property

Office

51,529 SF
Availability

1 Space

25,000 SF
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895 Main Street

895 Main Street , Beacon Brightly, Worcester, MA
For Sale

$295,000
Property

Retail

2,910 SF
Year Built

1910
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4 Greenwood street

4 Greenwood street, North Qiunsigamond Village, Worcester, MA
For Lease

Contact for pricing
Property

Unassigned

500 SF
Availability Contact for availability
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12 Brussels Street

12 Brussels Street, South Worcester, Worcester, MA
For Lease

$7.00 - $7.50/SF/YR
Property

Industrial

17,000 SF
Availability

2 Spaces

17,000 SF
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640 Lincoln Street

640 Lincoln Street, Booth Apartments, Worcester, MA
For Lease

$12.00/SF/YR
Property

Industrial

139,000 SF
Availability

1 Space

18,871 SF
Year Built

1965
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500 Grafton Street

500 Grafton Street, Grafton Hill, Worcester, MA
For Lease

$23.00/SF/YR
Property

Retail

1,454 SF
Availability

1 Space

1,454 SF
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10-14 E. Worcester Street

10-14 E. Worcester Street, Shrewsbury Street, Worcester, MA
For Lease

$18.00/SF/YR
Property

Office

58,446 SF
Availability

1 Space

15,388 SF
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Worcester commercial real estate market incorporates 8,181,843 square feet of office space across 92 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.

Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Worcester commercial real estate market includes 3,734,105 square feet of retail space in a variety of settings.

Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Worcester market, there is a total of 9,482,710 square feet of industrial property.

The listing inventory in Worcester incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Worcester is represented by Industrial space, which accounts for 756,633 square feet of available listings. Office space available in Worcester adds up to 720,207 square feet.

Meanwhile, most of the listings of commercial property for sale in Worcester are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Worcester is $18.11 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Worcester can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Worcester, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Worcester is in the Downtown Worcester neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Worcester area.

Meanwhile, retail space opportunities are most abundant in the Booth Apartments submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Indian Lake East.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $23 per square foot. In particular, the property type commanding the highest lease rates in Worcester was Retail space.

Conversely, the highest sale price last year was $19,500,000 that is located at 220 Brooks Street.

The average size of a commercial property in Worcester depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Worcester, the average size of an office property is 91,931 square feet.
Retail properties here incorporate an average of 82,980 square feet.
Industrial space in Worcester is in buildings that are, on average 172,413 square feet in size.

Worcester, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Worcester currently add up to 3,681,447 square feet. The market offers 29 active office listing(s), which amount to 720,207 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 206,535 square feet across 20 retail space(s). Industrial space for rent opportunities in Worcester amount to 756,633 square feet across a total of 12 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	29	720,207
Retail	20	206,535
Industrial	12	756,633
Other	6	1,998,072

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Worcester, MA. Currently, there is 255,948 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 5 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	20,544
Retail	5	20,305
Industrial	3	134,105
Other	11	80,994

Worcester, MA Commercial Real Estate for Lease and Sale

7 Henry St

8-21 Oread St.

44 West Street

Mercantile Center

446 Main Street

Warehouse/Distribution - Build to Suit

318 Shrewsbury Street

Blanchard's 101 Diner

Two Chestnut Place

10 Mechanic Street

Industrial/Flex Opportunity

1 Exchange Place

145 Front at City Square

292 Park Avenue

267 Granite Rd

The Guaranty Building

5 Massasoit Road

Cutler Associates Headquarters

80 William Street

75 Hammond Street

895 Main Street

4 Greenwood street

12 Brussels Street

640 Lincoln Street

500 Grafton Street

10-14 E. Worcester Street

Frequently Asked Questions

Worcester, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Worcester, MA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Worcester, MA?

What factors affect the price of commercial real estate in Worcester, MA?

What is the average rent for commercial space in Worcester, MA?

What are the best areas for commercial real estate in Worcester, MA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Worcester, MA?

Worcester, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us