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342 West Boylston Street, Worcester MA 01606

Worcester, MA 01606 • Greendale
$775,000
Est. $5,613/month
3,360
Sq Ft
$231
Price/Sq Ft
0.46
Acres
1970
Year Built
34
Days on Market
Active Price Drop -$100,000 Listed Mar 12, 2026 • MLS# 73486046 Copied!

About this home

Rare redevelopment and value-add opportunity. This 3,360 sq.ft former fast-food retail building presents an excellent repositioning opportunity for investors, developers, or owner-users. The existing structure requires renovation and is well suited for restaurant, retail, or office use. In addition, the property benefits from completed approvals and development proposals for a 24-unit multifamily project, offering significant long-term upside for residential redevelopment. Located in a highly affluent commercial corridor with convenient access to a major highway, the property is surrounded by strong economic drivers including an Amazon distribution center, Chase Bank, and numerous national and regional food franchises. The combination of redevelopment potential, strong demographics, and proximity to major employers makes this a compelling opportunity for investors seeking long-term growth in a high-demand area.

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Property Overview

Listing Type
Commercial Sale
Year Built
1970
Living Area
3,360 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1970
Living Area 3,360 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 Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $17,936

Interior Features

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

Construction & Materials

Year Built: 1970
Structure Type:
Exterior Materials:
Roof: Rubber
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 Frontage: 169.00 ft
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Greendale

342 West Boylston Street, Worcester MA 01606

Worcester, MA 01606

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

10 schools
B+
Abby Kelley Foster Charter Public School
0.2 mi | #124 of 346 | Score: 58.1
Improved 50 spots from last year
-0.2 below state avg
1,426 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades K-12
Worcester Academic Center for Transition (ACT)
0.2 mi
49 students Diverse
Diverse Student Body
Grades K-06
C
Thorndyke Road School
0.7 mi | #658 of 824 | Score: 38.1
Improved 92 spots from last year
-20.1 below state avg
319 students Diverse
Rising School Diverse Student Body
Grades K-06
Bancroft School
0.7 mi
Grades K-12
F
Wawecus Road School
1.0 mi | #802 of 824 | Score: 27.7
Dropped 53 spots from last year
-30.5 below state avg
155 students Very Diverse
Diverse Student Body
Grades K-06
C
Nelson Place School
1.2 mi | #594 of 824 | Score: 41.2
Dropped 134 spots from last year
-17 below state avg
621 students Very Diverse
Diverse Student Body
Grades PK-06
C
Worcester Arts Magnet School
1.3 mi | #608 of 824 | Score: 40.5
Dropped 229 spots from last year
-17.7 below state avg
372 students Very Diverse
Diverse Student Body
Grades PK-06
F
Burncoat Street School
1.3 mi | #803 of 824 | Score: 27.2
Dropped 49 spots from last year
-31 below state avg
223 students Diverse
Diverse Student Body
Grades K-06
D
Francis J McGrath Elementary School
1.4 mi | #784 of 824 | Score: 29.6
Dropped 143 spots from last year
-28.6 below state avg
200 students Diverse
Diverse Student Body
Grades PK-06
F
Clark Street Community School
1.6 mi | #804 of 824 | Score: 27.1
Dropped 9 spots from last year
-31.1 below state avg
278 students Diverse
Diverse Student Body
Grades PK-06
M

Middle Schools

6 schools
The Nativity School of Worcester
2.0 mi
Grades 05-08
Worcester SDA School
3.4 mi
Grades 01-08
C+
Burncoat Middle School
0.8 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
C+
Forest Grove Middle School
1.3 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-
Worcester East Middle School
3.6 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
B
Sullivan Middle School
5.2 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
H

High Schools

10 schools
Notre Dame Academy
1.9 mi
Grades 07-12
B+
Claremont Academy
3.5 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 Academy
3.6 mi
Grades 06-12
C-
University Park Campus School
4.1 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
Worcester Alternative High School
4.2 mi
36 students Diverse
Grades 07-12
Saint Paul Diocesan Junior/Senior High School
4.3 mi
Grades 07-12
C
Burncoat Senior High School
0.7 mi | #278 of 346 | Score: 43.5
Dropped 58 spots from last year
-14.7 below state avg
1,073 students Diverse
18 sports • 778 athletes
Early College Program College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
A+
Massachusetts Academy of Math and Science at WPI
1.9 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
2.1 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
B-
Doherty Memorial High School
2.6 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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After down payment
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Over life of loan
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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 $1,495
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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Current Rate
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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

Market Insights

1
Price Changes
11.4%
Price Range

Property Timeline

↓
Price Reduced
Apr 14, 2026
$775,000 $100,000 (-11.43%)
From $875,000 to $775,000 (-11.4%)
🏠
Listed for Sale
Mar 12, 2026
$875,000
Original listing
Agent: James Kalogeropoulos Office: RE/MAX Partners

Price & Status History

Date Event Price Change
Apr 14, 2026 Price Changed $775,000 -$100,000
Mar 12, 2026 New Listing Added $875,000 —

Market Statistics

Days on Market
34 days
Price per Sq Ft
$231
Total Price Drop
-$100,000

Tax History

Year Taxes Assessment
2025 $17,936 —

Financial Details

Annual Property Tax
$17,936
Tax Year 2025

Listing Information

Listing Agent James Kalogeropoulos
Listing Office RE/MAX Partners
Agent MLS ID K9502917
Office MLS ID AN8069
Listing Data Updated Apr 14, 2026 11:13 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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Market Analytics for Worcester, MA

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