CCertihomes
407 Main St #407, Worcester, MA 01608

$4,500

0 beds 2 baths 4,784 sqft Built 1890Active

About this home

This is an excellent opportunity to lease this oversized restaurant space in the heart of downtown Worcester. The main level has over three thousand square feet, and the basement has additional square footage. This location was initially built for McDonald's fast food and has been home to a pizza place over the last fifteen years. Downtown Worcester has many thriving businesses and new developments. This location would be great for any fast-food concept and many different retail uses.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$1,975/mo

Real estate (PITI + HOA + PMI)
$1,430
Principal + interest$29
Property tax + insurance$1,399
PMI / 2nd mortgage$2
Utilities
$655
Heating + cooling$182
Internet + TV + phone$125
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$125
$1,975/mo TLC
Budget$5,000/mo
Remaining after TLC$3,025/mo
Purchase price
$4,500
Down payment
$225 (5%)
Loan amount
$4,275
APR
7.2%

Quick facts

Type
RNT
Style
Year built
1890
Lot size
0.03 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$14,305
MLS #
73220552
County
Worcester

Neighborhood — 01608

MetricThis ZIPCountyUSA
Population4,8756,444,931299,088,112
Population Change Since1990-1.00%7.00%20.00%
Population Density9,033786
Male2,4013,127,134147,432,321
Female2,4743,317,797151,655,844
Never Married1,7041,612,88563,775,926
Married9112,586,314123,120,365
Separated442247,85712,639,686
Widowed230363,59415,467,586
Divorced468436,88823,075,029
Number Of House Hold1,9412,431,591111,826,380
Average House Hold Size2.402.562.60
Medial Age28.3337.2535.46
Median House Hold Income$18,181$57,698$48,276
Average House Hold Income$26,128$75,023$63,629
P C I$10,842$29,196$24,529
M D I$17,166$48,105$41,133
A T H E$29,551$57,083$50,898
S T R5.00%5.00%
W C J88.14%81.38%77.74%
(Zip) Code
1608

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

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MLSPIN

Listing information last refreshed 4/5/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.