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107 E Central St, Worcester MA 01605

Worcester, MA 01605
$700,000
Est. $4,292/month
0.31
Acres
1955
Year Built
218
Days on Market
Active Price Drop -$500,000 Listed Jul 22, 2025 • MLS# 73407580 Copied!

About this home

Welcome to 107 E Central Street, a rare opportunity to acquire a 13,721 square foot parking lot located in the heart of Worcester. Zoned BG-4, this property is ideal for developers seeking a flexible space in a rapidly growing urban setting. This lot offers incredible potential for commercial, residential, or mixed-use development. Buyers are encouraged to perform their own due diligence regarding specific uses. The location is truly exceptional. The property is within walking distance of some of Worcester’s finest dining, nightlife, and cultural amenities. It is situated just steps from Alta on The Row, a major luxury apartment complex that has contributed to the area’s significant growth and revitalization. This area has become one of the most vibrant in the city, with close proximity to downtown Worcester, Polar Park, the Canal District, and Union Station. The site provides excellent visibility and accessibility, making it an ideal location for a signature development project.

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Property Overview

Listing Type
Commercial Sale
Year Built
1955

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1955
Lot Size 0.31 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $6,635

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1955
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

107 E Central St, Worcester MA 01605

Worcester, MA 01605

Walkability

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Nearby Schools

School District
Worcester School District local
C-
🎓 Where Graduates Go Class of 2021
51% attend college
35% 4-Year 16% 2-Year 4% Out of State 4% Working
School Safety 2024-25
4.1% Above Average
3.3% Suspensions 1.7% In-School 0.8% Emergency
1.4% below state avg
E

Elementary Schools

3 schools
F
City View School
0.1 mi | #812 of 824 | Score: 25.8
Dropped 79 spots from last year
-32.4 below state avg
464 students Diverse
Diverse Student Body
Grades PK-06
Venerini Academy
0.4 mi
Grades PK-08
C-
Belmont Street Community School
0.5 mi | #720 of 824 | Score: 34.1
Dropped 111 spots from last year
-24.1 below state avg
615 students Diverse
Diverse Student Body Strong Attendance
Grades PK-06
M

Middle Schools

3 schools
The Nativity School of Worcester
0.8 mi
Grades 05-08
C-
Worcester East Middle School
0.9 mi | #298 of 352 | Score: 31.5
Improved 55 spots from last year
-26.7 below state avg
731 students Diverse
Rising School Diverse Student Body
Grades 06-08
C+
Forest Grove Middle School
2.0 mi | #229 of 352 | Score: 38.3
Improved 91 spots from last year
-19.9 below state avg
839 students Diverse
Rising School Diverse Student Body
Grades 07-08
H

High Schools

3 schools
Worcester Academy
0.9 mi
Grades 06-12
A+
Massachusetts Academy of Math and Science at WPI
1.0 mi | #2 of 346 | Score: 91.7
Same rank as last year
99 students Diverse
Strong AP Program College Ready Curriculum Strong Attendance
Grades 11-12
C+
Worcester Technical High School
1.1 mi | #219 of 346 | Score: 49.8
Improved 47 spots from last year
-8.4 below state avg
1,442 students Diverse
19 sports • 1,016 athletes
Early College Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $553
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1
Price Changes
30%
Price Range

Property Timeline

Price Reduced
Dec 10, 2025
$700,000 $300,000 (-30%)
From $1,000,000 to $700,000 (-30.0%)
🏠
Listed for Sale
Jul 22, 2025
$1,000,000
Original listing
Agent: Jaquaine Coe Office: The LGCY Group LLC

Price & Status History

Date Event Price Change
Dec 10, 2025 Price Changed $700,000 -$300,000
Jul 22, 2025 New Listing Added $1,000,000

Market Statistics

Days on Market
218 days
Price per Sq Ft
$—
Total Price Drop
-$500,000

Tax History

Year Taxes Assessment
2025 $6,635

Financial Details

Annual Property Tax
$6,635
Tax Year 2025

Listing Information

Listing Agent Jaquaine Coe
Listing Office The LGCY Group LLC
Agent MLS ID NB115348
Office MLS ID AN6777
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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107 E Central St, Worcester MA 01605 - Photo 1 107 E Central St, Worcester MA 01605 - Photo 2 107 E Central St, Worcester MA 01605 - Photo 3
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