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264 Grafton Street, Union HillWorcester, MA 01604Price: $1,995,000

  • Price: $1,995,000
  • 1 Day on Market
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Federal 30-year interest rate: 7.18% last updated on Nov 5, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,995,000List Price
  • 0.32Acreage
  • 8,000Square Feet
New Listing
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604
264 Grafton Street Worcester MA 01604

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Listed by Todd Lornell of Lornell Real Estate
264 Grafton Street, Worcester, MA | Mixed-Use Investment with Development Upside264 Grafton Street is a mixed-use property with three commercial units, three residential units, and two billboards. All commercial leases are +NNN, and residential tenants pay their own utilities, keeping owner expenses to a minimum. Long-term tenants provide steady income, and four new mini-splits with AC condensers keep near-term capital costs low.The location is highly visible. Grafton Street sees about 10,000 travelers a day, the property is roughly 300 yards from an I-290 ramp carrying around 140,000 vehicles a day, and downtown Worcester is less than a mile away.The large parcel also has room to build. The city planning department has verbally approved a four-unit townhouse on the vacant land, and the owner is pursuing ANR approval. The property can be sold with approved permits and architectural drawings in place.This is a strong fit for an investor seeking passive income or a developer looking to add new multifamily units.

Property Details of 264 Grafton Street, Union Hill

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