13 Hope Ave, Worcester, MA 01603

$1,350,000

0 beds 4 baths 30,000 sqft Built 1900Active

About this home

GRAET REDEVELOPMENT OPPORTUNITY in Worcester MG-2 Zone. This 2-level, 30, 000 sqft warehouse is in very good condition and could serve multiple uses (including cannabis cultivation/manufacturing). The property offers exceptional highway access to Rte-12 /Interstate-290 and is located in a well-developed industrial park. Recent improvements include new electrical system 480 Amp, updated fire evacuation/sprinkler and burglar alarm system. The building boasts incredible 16’ ceiling height. Column spacing is also excellent. There are completely renovated offices/meeting rooms/bathrooms to support the warehouse operation. One loading dock and one drive-in door provide grade level access to the building. Handicap accessible. It also has a parking lot for 80+ vehicles. PROPERTY IS AVAILABLE WITH OPTION TO BUY CANNABIS CULTIVATION LICENSE.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$10,602/mo

Real estate (PITI + HOA + PMI): $10,144
Utilities: $1,489
Transportation: $132
Other (entertainment): $125

Your monthly budget

Budget$11,102/mo

Remaining after TLC$500/mo

Purchase price

$1,350,000

Down payment

$67,500 (5%)

Loan amount

$1,282,500

APR

Quick facts

Type

COM

Style

—

Year built

1900

Lot size

0.8 ac

Stories

Heating

—

Cooling

—

Water

—

HOA

—

Annual tax

$12,523

MLS #

73210559

County

Worcester

Home features

Roof

Rubber

Neighborhood — 01603

Metric	This ZIP	County	USA
Population	21,128	6,444,931	299,088,112
Population Change Since1990	6.00%	7.00%	20.00%
Population Density	4,462	786	—
Male	10,086	3,127,134	147,432,321
Female	11,042	3,317,797	151,655,844
Never Married	5,868	1,612,885	63,775,926
Married	6,787	2,586,314	123,120,365
Separated	890	247,857	12,639,686
Widowed	1,463	363,594	15,467,586
Divorced	1,941	436,888	23,075,029
Number Of House Hold	8,213	2,431,591	111,826,380
Average House Hold Size	2.51	2.56	2.60
Medial Age	33.72	37.25	35.46
Median House Hold Income	$38,803	$57,698	$48,276
Average House Hold Income	$46,447	$75,023	$63,629
P C I	$18,865	$29,196	$24,529
M D I	$33,929	$48,105	$41,133
A T H E	$41,540	$57,083	$50,898
S T R	5.00%	5.00%	—
W C J	76.91%	81.38%	77.74%

(Zip) Code

1603

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

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Listing information last refreshed 3/9/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.