Active
105 Days on market
456 Franklin St Worcester — Photo 1 of 3

456 Franklin St Worcester — Photo 1 of 3

Recent Drop: $25,100

$425,000
$399,900

$399,900

456 Franklin St, Worcester, MA 01604

Worcester, MA 01604 — East Worcester

Beds

--

Baths

1

SqFt

1,600

Style

Other

Built

1935

Exceptional opportunity to acquire a highly visible commercial property in Worcester's BG-2 General Business District. Situated on a well-traveled corridor overlooking East Park and the thriving Shrewsbury Street restaurant district, this property offers outstanding exposure and accessibility. The existing 40' x 40' commercial building is complemented by ample on-site parking and enjoys quick access to UMass Chan Medical School, Union Station, downtown Worcester, and I-290. Formerly utilized for vehicle and equipment storage and maintenance, the property presents a variety of potential business, service, contractor, warehouse, showroom, office, or redevelopment opportunities. Strategic location, strong traffic counts, and excellent visibility make this an ideal investment for owner-users, investors, or developers seeking to capitalize on one of Worcester's most dynamic growth corridors. Buyers to perform their own due diligence regarding zoning, permitted uses, redevelopment potential,

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$250/sqft
Local Avg (Worcester)$237/sqft
5% AboveMarket Average

* Analysis is based on 10 actively listed and recently sold comparable properties strictly within Worcester, MA.

Property Details

Financials

Original Price$425,000
Annual Taxes$4,429

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofAsphalt/Composition Shingles
Foundation--
ZoningBG-2

Property & Lot

Acres0.27
SqFt Lot11,603
Lot Features--

Geography

Property History

Price Drop
$399,900

Was $425,000

Sep 17, 2026

MLS® 73531603

Listed
$425,000

Jun 8, 2026

MLS® 73531603

Population

39,812

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$74K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

55.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: David Stead

Listing Office: RE/MAX Partners

MLS® Number: 73531603

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