Worcester, MA Commercial Real Estate for Lease - 71 Listings

5 Massasoit Road

5 Massasoit Road, Grafton Hill, Worcester, MA
Property

Retail

2,142 SF
Availability

1 Space

2,142 SF
For Lease

$16.00/SF/YR
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80 William Street

80 William Street, Elm Park, Worcester, MA
Property

Office

14,000 SF
Availability

1 Space

14,000 SF
For Lease

$16.00/SF/YR
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500 Grafton Street

500 Grafton Street, Grafton Hill, Worcester, MA
Property

Retail

1,454 SF
Availability

1 Space

1,454 SF
For Lease

$23.00/SF/YR
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The REV

1 Green Island Boulevard, South Worcester, Worcester, MA
Property

Retail

18,000 SF
Availability

7 Spaces

17,816 SF
For Lease Contact for pricing
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48 Elm St

48 Elm St, Piedmont, Worcester, MA
Property

Office

16,602 SF
Availability

3 Spaces

10,755 SF
Year Built

1965
For Lease Contact for pricing
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MA, Worcester - Grove St
Regus
287 Grove Street 1st & 2nd Floor, Worcester, MA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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517 Main St

517 Main St, Downtown Worcester, Worcester, MA
Property

Retail

9,135 SF
Availability

1 Space

1,500 SF
For Lease

$2,000.00/MO
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Gold Star Crossing - Under Construction

70 Gold Star Boulevard, Indian Lake East, Worcester, MA
Property

Retail

18,000 SF
Availability

1 Space

3,486 SF
For Lease Contact for pricing
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Mercantile Entertainment Center

100 Front Street, Downtown Worcester, Worcester, MA
Property

Other

26,000 SF
Availability

1 Space

26,000 SF
For Lease Contact for pricing
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90 Ellsworth St

90 Ellsworth St, South Worcester, Worcester, MA
Property

Industrial

11,302 SF
Availability

1 Space

6,500 SF
Year Built

1930
For Lease

$8.75/SF/YR
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Former Walgreens

99 Stafford St, Webster Square, Worcester, MA
Property

Retail

14,853 SF
Availability

1 Space

14,853 SF
Year Built

2007
For Lease Contact for pricing
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640 Lincoln Street

640 Lincoln Street, Booth Apartments, Worcester, MA
Property

Industrial

139,000 SF
Availability

1 Space

18,871 SF
Year Built

1965
For Lease

$12.00/SF/YR
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10-14 East Worcester Street

10-14 East Worcester Street, Shrewsbury Street, Worcester, MA
Property

Office

58,446 SF
Availability

1 Space

500 SF
For Lease

$1,500.00/MO
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10 Mechanic Street

10 Mechanic Street, Downtown Worcester, Worcester, MA
Property

Office

55,545 SF
Availability

1 Space

10,354 SF
Year Built

2000
For Lease Contact for pricing
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120 Washington Street

120 Washington Street, Green Island, Worcester, MA
Property

Retail

30,000 SF
Availability

1 Space

9,000 SF
For Lease Contact for pricing
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8 Norwich Street

8 Norwich Street, Downtown Worcester, Worcester, MA
Property

Office

7,488 SF
Availability

2 Spaces

4,844 SF
Year Built

1900
For Lease

$23.50/SF/YR
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FOR LEASE | OFFICE / WAREHOUSE

64 Dewey St, Main Middle, Worcester, MA
Property

Office

3,800 SF
Availability

1 Space

3,800 SF
Year Built

1925
For Lease

$15.00/SF/YR
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Warehouse/Distribution - Build to Suit

135 Brooks Street, Indian Hill, Worcester, MA
Property

Industrial

207,120 SF
Availability

1 Space

207,120 SF
For Lease Contact for pricing
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79-81 Gold Star Boulevard

79-81 Gold Star Boulevard, Forest Grove, Worcester, MA
Property

Retail

8,620 SF
Availability

1 Space

3,500 SF
For Lease Contact for pricing
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145 Front at City Square

145 Front Street, Downtown Worcester, Worcester, MA
Property

Retail

612,538 SF
Availability

2 Spaces

3,424 SF
Year Built

2016
For Lease Contact for pricing
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Mercantile Center

120 Front Street, Downtown Worcester, Worcester, MA
Property

Office

161,652 SF
Availability

7 Spaces

18,530 SF
For Lease Contact for pricing
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Industrial/Flex Opportunity

60 Fremont Street, Hadwen Park, Worcester, MA
Property

Industrial

108,688 SF
Availability

4 Spaces

47,000 SF
Year Built

1910
For Lease Contact for pricing
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Two Chestnut Place

22 Elm Street, Downtown Worcester, Worcester, MA
Property

Office

44,782 SF
Availability

6 Spaces

17,355 SF
For Lease

$12.00 - $19.00/SF/YR
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63 Green Street

63 Green Street, Green Island, Worcester, MA
Property

Retail

2,242 SF
Availability

1 Space

2,242 SF
For Lease Contact for pricing
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85 Prescott St

85 Prescott St, Indian Lake East, Worcester, MA
Property

Office

82,875 SF
Availability

3 Spaces

19,548 SF
Year Built

1900
For Lease Contact for pricing
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75 Hammond Street

75 Hammond Street, South Worcester, Worcester, MA
Property

Office

51,529 SF
Availability

1 Space

25,000 SF
For Lease

$8.00 - $10.00/SF/YR
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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 2,061,092 square feet of office space across 39 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 1,418,303 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 937,997 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 758,560 square feet of available listings. Office space available in Worcester adds up to 642,217 square feet.

Meanwhile, most of the listings of commercial property for sale in Worcester are in the Office 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 $18.46 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 South Worcester 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 $23.5 per square foot. In particular, the property type commanding the highest lease rates in Worcester was Office space.

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 57,253 square feet.
Retail properties here incorporate an average of 47,277 square feet.
Industrial space in Worcester is in buildings that are, on average 62,534 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 3,660,294 square feet. The market offers 29 active office listing(s), which amount to 675,020 square feet and account for 40% of commercial spaces on the market. Local retail availability includes 168,441 square feet across 22 retail space(s). Industrial space for rent opportunities in Worcester amount to 790,761 square feet across a total of 13 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	29	675,020
Retail	22	168,441
Industrial	13	790,761
Other	7	2,026,072

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 506,681 square feet of commercial property for sale here , which includes 9 office building(s) for sale , 8 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	9	260,644
Retail	8	38,824
Industrial	3	134,105
Other	12	73,108

Worcester, MA Commercial Real Estate for Lease - 71 Listings

5 Massasoit Road

80 William Street

500 Grafton Street

The REV

48 Elm St

MA, Worcester - Grove St

517 Main St

Gold Star Crossing - Under Construction

Mercantile Entertainment Center

90 Ellsworth St

Former Walgreens

640 Lincoln Street

10-14 East Worcester Street

10 Mechanic Street

120 Washington Street

8 Norwich Street

FOR LEASE | OFFICE / WAREHOUSE

Warehouse/Distribution - Build to Suit

79-81 Gold Star Boulevard

145 Front at City Square

Mercantile Center

Industrial/Flex Opportunity

Two Chestnut Place

63 Green Street

85 Prescott St

75 Hammond 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 - 71 Listings

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