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7½ Lamartine Street
Worcester, MA 02130-1857
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 34,000 SqFt <ul><li>34,000+ SF of contiguous land overlooking Polar Park — One of the largest contiguous redevelopment footprints in the Canal District — two parcels combining to over 34,000 SF of land with direct sightlines to Polar Park and the ballpark district.</li><li>Significant basis advantage to Water Street — Quiet side-street location delivers a meaningful land-cost discount to the Water Street corridor, while retaining full walkable access to the same restaurant, brewery, and ballpark amenities
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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
