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156 Washington Street
Worcester, MA 07029
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.37 acres <ul><li>Direct abutter to the Lamartine Street Portfolio — 156 Washington shares a parcel line with the Lamartine Street Portfolio (7½ and 13 Lamartine) — combined ownership produces a single contiguous 50,000 SF redevelopment footprint, one of the largest land positions available in the Canal District.</li><li>Gateway to the Peanut — Direct Washington Street arterial frontage at the gateway to the Peanut — the new Kelley Square traffic geometry and the Canal District's most visible intersecti
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
