107 E Central St, Worcester MA 01605

Worcester, MA 01605

$500K

· 0.31 ac · Built 1955

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The residence

**Owner Financing Available*** Rare opportunity to acquire a 13,721 square foot parking lot located in the heart of Worcester. Zoned BG-4, this property is ideal for developers seeking a flexible space in a rapidly growing urban setting. This lot offers incredible potential for commercial, residential, or mixed-use development. Buyers are encouraged to perform their own due diligence regarding specific uses. The location is truly exceptional. The property is within walking distance of some of Worcester’s finest dining, nightlife, and cultural amenities. It is situated just steps from Alta on The Row, a major luxury apartment complex that has contributed to the area’s significant growth and revitalization. This area has become one of the most vibrant in the city, with close proximity to downtown Worcester, Polar Park, the Canal District, and Union Station. The site provides excellent visibility and accessibility, making it an ideal location for a signature development project

At a glance

Property type: Commercial Sale
Status: Active
Year built: 1955
Lot size: 0.31 acres
MLS#: efd1b6e96a1b16053d523de8567e5a79
Beds · Baths: 0 · 0

Location

Worcester, MA.

Worcester is a hill city of triple-deckers, mills turned to new use, and a revived downtown around the theatre and the canal district. It sits at the crossing of the Mass Pike and I-290, roughly midway between Boston and the Connecticut River.

Estimated Monthly Payment+

$2K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$500K

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of The LGCY Group LLC · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 21, 2026

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