50 Water Street, Worcester, MA 01604

$2,400,000

0 beds 0 baths 6,370 sqft Built 1925Active

About this home

Introducing 50 Water Street – a prime mixed-use property in Worcester's sought-after Canal District. This property features a bustling restaurant, fully equipped and ready for operation, with all furnishings included in the sale. The restaurant also features a large patio for an expansive outdoor dining experience. Above, three residential units offer comfortable living spaces, making it an ideal investment opportunity. Positioned in the heart of the Canal District, residents and patrons benefit from seamless access to dining, entertainment, and transportation amenities.

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

$15,523/mo

Real estate (PITI + HOA + PMI): $15,860
Utilities: $687
Transportation: $132
Other (entertainment): $125

Your monthly budget

Budget$16,023/mo

Remaining after TLC$500/mo

Purchase price

$2,400,000

Down payment

$120,000 (5%)

Loan amount

$2,280,000

APR

Quick facts

Type

COM

Style

—

Year built

1925

Lot size

0.15 ac

Stories

Heating

—

Cooling

—

Water

—

HOA

—

Annual tax

$20,036

MLS #

73214605

County

Worcester

Neighborhood — 01604

Metric	This ZIP	County	USA
Population	34,007	6,444,931	299,088,112
Population Change Since1990	10.00%	7.00%	20.00%
Population Density	5,197	786	—
Male	16,341	3,127,134	147,432,321
Female	17,667	3,317,797	151,655,844
Never Married	9,580	1,612,885	63,775,926
Married	11,513	2,586,314	123,120,365
Separated	1,298	247,857	12,639,686
Widowed	2,455	363,594	15,467,586
Divorced	3,070	436,888	23,075,029
Number Of House Hold	14,179	2,431,591	111,826,380
Average House Hold Size	2.34	2.56	2.60
Medial Age	35.81	37.25	35.46
Median House Hold Income	$42,198	$57,698	$48,276
Average House Hold Income	$51,673	$75,023	$63,629
P C I	$22,090	$29,196	$24,529
M D I	$36,731	$48,105	$41,133
A T H E	$44,631	$57,083	$50,898
S T R	5.00%	5.00%	—
W C J	75.18%	81.38%	77.74%

(Zip) Code

1604

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 3/20/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.