267 Shrewsbury St, Worcester MA 01604

Worcester, MA 01604

$4,200,000

Est. $26,755/month

11,940

Sq Ft

$352

Price/Sq Ft

0.46

Acres

1940

Year Built

458

Days on Market

Active Price Drop -$200,000 Listed Sep 6, 2024 • MLS# 73286355 Copied!

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About this home

11,940 Sq. Ft. Medical Office Building For Sale. Sale Price: $4,400,000 Cap Rate: 6.62% Investments Highlights:-Long-Term, 15-Year Lease With Approximately 8 Years Remaining-Corporate Guarantee From DaVita Inc, $17BN in Assets, S&P Rating “BB”-Ten Percent (10%) Rental Increases Occurring Every Five (5) Years-Highly attractive Retail Corridor

Property Overview

Listing Type

Commercial Sale

Year Built

1940

Living Area

11,940 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1940

Living Area 11,940 sq ft

Lot Size 0.46 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 $63,805

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1940

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

267 Shrewsbury St, Worcester MA 01604

Worcester, MA 01604

Walkability

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Schools

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Down Payment

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Down: $0

Interest Rate

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $5,317

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

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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

Property Timeline

🏠

Listed for Sale

Sep 6, 2024

$4,200,000

Original listing

Agent: Bret O'Brien Office: Greater Boston Commercial Properties, Inc.

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
09/06/2024	🏠 Listed for Sale	$4,200,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Sep 6, 2024	New Listing Added	$4,200,000	—

Market Statistics

Days on Market

458 days

Price per Sq Ft

$352

Total Price Drop

-$200,000

Tax History

Year	Taxes	Assessment
2024	$63,805	—

Financial Details

Annual Property Tax

$63,805

Tax Year 2024

Listing Information

Listing Agent Bret O'Brien

Listing Office Greater Boston Commercial Properties, Inc.

Agent MLS ID CT004352

Office MLS ID AC1267

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.