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56 Water Street
Worcester, MA 01604
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B
What's Special
Mixed Use | 21,295 SqFt <ul><li>Two contiguous mixed-use buildings — 56 Water Street — 2,075 SF retail/commercial, newly built out and occupied by a popular vegan eatery. 64 Water Street — 19,220 SF with 3 street-level retail spaces and 16 one-bedroom apartments. Combined ownership controls a continuous Water Street frontage on the Canal District's primary corridor.</li><li>Fully renovated, fully occupied — 64 Water Street underwent a complete gut renovation in 2019 with modernized building systems and apartment fini
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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
