521 Main St, Worcester MA 01608

Worcester, MA 01608
$1,250,000
Est. $7,452/month
0.04
Acres
1930
Year Built
142
Days on Market
Active Listed Jul 18, 2025 • MLS# 73406782 Copied!

About this home

This is a rare opportunity to own a prime piece of real estate in the center of Worcester. The first floor is a restaurant and floors 2-4 can be residential units or an expansion of the restaurant. Being the only Chinese restaurant in downtown Worcester, the Great Wall has been the go-to place for Chinese food not only to people working in downtown area, but also for tourists and those going to various events in the Hanover Theater on the next block. The Polar Park, less than 0.5 mile away, also helps to drive up the revenue. A significant renovation was completed in 2019 including building the entire back wall, the HVAC system, the fire prevention system, and more. Further, an architectural drawing has been made for two large residential units. The upper unit, spanning the 3rd and the 4th floors, has 4 BRs with 3.5 baths. The unit on the 2nd floor has three BRs and two full baths. You can also make the entire building a fancy multifunctional restaurant and/or for other creative use.

Property Overview

Listing Type
Commercial Sale
Year Built
1930

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1930
Lot Size 0.04 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 $11,172

Interior Features

Flooring:
Appliances:
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Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type:
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Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
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Sewer:
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Exterior & Lot

Exterior Features:
Patio & Porch:
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Parking & Garage

Parking Features:

Location

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Neighborhood

521 Main St, Worcester MA 01608

Worcester, MA 01608

Walkability

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Schools

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Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $931
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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
Jul 18, 2025
$1,250,000
Original listing
Agent: Hui Joseph Zou Office: StartPoint Realty

Price & Status History

Date Event Price Change
Jul 18, 2025 New Listing Added $1,250,000

Market Statistics

Days on Market
142 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $11,172

Financial Details

Annual Property Tax
$11,172
Tax Year 2025

Listing Information

Listing Agent Hui Joseph Zou
Listing Office StartPoint Realty
Agent MLS ID CT004812
Office MLS ID H95120
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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