107 E Central St, Worcester MA 01605
Worcester, MA 01605
$1,200,000
$550,000
Est. $3,534/month
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About this home
**Owner Financing Available*** 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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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
45%
Price Range
Property Timeline
Price Reduced
Aug 8, 2026
$550,000
$150,000
(-21.43%)
From $700,000 to $550,000 (-21.4%)
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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/08/2026 | ↓ Price Reduced | $550,000 | $150,000 | - | From $700,000 to $550,000 (-21.4%) |
| 12/10/2025 | ↓ Price Reduced | $700,000 | $300,000 | - | From $1,000,000 to $700,000 (-30.0%) |
| 07/22/2025 | 🏠 Listed for Sale | $1,000,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,635 | — |
Financial Details
Annual Property Tax
$6,635
Tax Year 2025
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Worcester
Property Overview
Listing Type
For Sale
Year Built
1955
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
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
Elementary Schools
10 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
F
Grafton Street School
0.6 mi
|
#795 of 824
|
Score: 29.1
Improved 4 spots from last year
-29.1 below state avg
386 students
Diverse
Diverse Student Body
Grades K-06
D
Worcester Cultural Academy Charter Public School
0.7 mi
|
#786 of 824
|
Score: 29.4
Improved 49 spots from last year
-28.8 below state avg
194 students
Diverse
Rising School
Diverse Student Body
Grades K-06
F
Union Hill School
0.9 mi
|
#815 of 824
|
Score: 25.3
Dropped 19 spots from last year
-33 below state avg
377 students
Diverse
Grades K-06
Summit Academy School for Alternative Learners
0.9 mi
Grades K-12
D
Elm Park Community School
1.0 mi
|
#779 of 824
|
Score: 30.6
Improved 25 spots from last year
-27.6 below state avg
478 students
Diverse
Rising School
Diverse Student Body
Grades K-06
C-
Learning First Charter Public School
1.0 mi
|
#289 of 352
|
Score: 32.5
Improved 43 spots from last year
-25.7 below state avg
666 students
Diverse
Rising School
Grades K-08
F
Chandler Elementary Community School
1.1 mi
|
#805 of 824
|
Score: 26.6
Dropped 59 spots from last year
-31.6 below state avg
402 students
Diverse
Grades K-06
Middle Schools
6 schools
The Nativity School of Worcester
0.8 mi
Grades 05-08
Worcester SDA School
3.5 mi
Grades 01-08
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
C+
Burncoat Middle School
2.3 mi
|
#233 of 352
|
Score: 37.9
Improved 48 spots from last year
-20.3 below state avg
720 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
B
Sullivan Middle School
3.9 mi
|
#157 of 352
|
Score: 43.9
Improved 28 spots from last year
-14.3 below state avg
940 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
10 schools
Worcester Academy
0.9 mi
Grades 06-12
Saint Paul Diocesan Junior/Senior High School
1.6 mi
Grades 07-12
B+
Claremont Academy
1.6 mi
|
#9 of 25
|
Score: 38.3
Improved 317 spots from last year
-20 below state avg
474 students
Moderate
10 sports
• 216 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
Worcester Alternative High School
1.8 mi
36 students
Diverse
Grades 07-12
C-
University Park Campus School
2.2 mi
|
#290 of 346
|
Score: 41.4
Dropped 13 spots from last year
-16.8 below state avg
233 students
Diverse
Early College Program
High Graduation Rate
College Ready Curriculum
Strong Attendance
Grades 07-12
Notre Dame Academy
2.3 mi
Grades 07-12
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
C-
North High School
1.2 mi
|
#300 of 346
|
Score: 37.9
Improved 27 spots from last year
-20.3 below state avg
1,376 students
Diverse
14 sports
• 498 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
B-
Doherty Memorial High School
1.6 mi
|
#195 of 346
|
Score: 51.8
Improved 26 spots from last year
-6.4 below state avg
1,573 students
Very Diverse
19 sports
• 1,302 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$553
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
107 E Central St, Worcester MA 01605
Worcester, MA 01605
Listing Information
Listing Agent
Jaquaine Coe
Listing Office
The LGCY Group LLC
Office Phone
508-989-6943
Agent MLS ID
NB115348
Office MLS ID
AN6777
Listing Data Updated
Aug 12, 2026 3:05 AM EDT
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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