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$775,000

342 West Boylston Street, Worcester MA 01606
Worcester, MA 01606
Listed by James Kalogeropoulos
Bedrooms
N/A
Bathrooms
N/A
Living area
3,360 sqft
Year built
1970

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.

Property details

MLS #
73486046
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.46 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Thorndyke Road
0.69 mi away · Grades 0-6
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
357
Student:teacher ratio
18.8:1
District
Worcester
Middle
Burncoat Middle School
0.73 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
686
Student:teacher ratio
11.2:1
District
Worcester
High
Burncoat Senior High
0.72 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,176
Student:teacher ratio
13.4:1
District
Worcester

Mortgage calculator

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Est. monthly payment
$4,817/mo
$155,000 down
$620,000 loan
Principal & interest$4,021
Property tax (est.)$646
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated April 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.