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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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295 Southbridge St , Worcester, MA 01608
$1,300,000
Est. Payment: $2,888.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 95
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AN4508 - CN213891
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

295 Southbridge Street is a ±0.63-acre (27,443± SF) paved, unimproved development site positioned at the convergence of SouthbridgeStreet and Jackson Street in Worcester's Canal District. Offered at $1,300,000, the property presents a rare opportunity to acquire ashovel-ready parcel in one of Central New England's most active urban development corridors, carrying BG-6.0 zoning — thehighest-density commercial classification in the City of Worcester. The parcel is offered as a standalone lot. The abutting parcels to the north (63 Jackson St, ±0.96 ac) and northeast (241 Southbridge St,±0.48 ac, with existing building) have been sold to separate owners and are not available for assemblage.BG-6.0 zoning permits a 6:1 floor-area ratio by right with no maximum height limit and no minimum setbacks. Multifamily high-rise andlow-rise, hotel, medical, office, retail, life sciences, and cannabis dispensary uses are all permitted by right. See attached OM
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Highlights

Listed by Andrea Beth Castinetti , 508-277-0063 Castinetti Realty Group , 508-719-8804.

Property Type

Vacant Land
Lot/Acreage
0.63

County

Worcester

Listing ID

73535513

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:Level
Zoning:BG-6
Sewer:Public Sewer,Other
Principal Interest
$2,889
Taxes
$589

Home Price

$1,300,000

Loan Details

30 yrs
%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,888.89 $589.33 $0.00 $3,478.22
Yearly $34,666.67 $7,072.00 $0.00 $41,738.67
Total $1,040,000.00 $212,160.00 $0.00 $1,252,160.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Worcester, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.