Active
15 Days on market
200 Lincoln Street #1 Worcester — Photo 1 of 42

200 Lincoln Street #1 Worcester — Photo 1 of 42

$450,000

Investment Analysis — 200 Lincoln Street #1

Worcester, MA 01605 — Lincoln Square

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01605 carries an estimated $1,650/mo in gross rent — about a -2.05% cap rate and $-9,232/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

2

SqFt

2,060

Style

Other

Built

1900

Exceptional opportunity for a dental or medical owner-operator to acquire a meticulously designed and maintained commercial condominium currently occupied by a long-established and successful oral surgery practice. This high-end clinical space was thoughtfully built with both patient experience and operational efficiency in mind, offering a truly turn-key layout for a variety of dental, oral surgery, specialty medical, or healthcare uses. The practice features four exam/treatment rooms, two patient recovery rooms, a welcoming reception and waiting area, private office, associate office/tech room, dedicated lab and sterilization area, break room with kitchenette and private bathroom, and two total restrooms. Specialized infrastructure includes centrally piped oxygen and nitrous oxide, central suction, foot-pedal-operated faucets, and other improvements designed specific for clinical use. Quality craftsmanship is evident throughout, with extensive wainscoting, built-in speakers, and a professional finish that has been exceptionally well cared for. A particularly thoughtful patient-flow design provides separate entrance and exit doors, allowing for efficient movement through the practice and an elevated patient experience. This condo unit offers an ADA-compliant entrance, more than 60 on-site parking spaces, excellent street visibility, convenient highway access, and easy ingress and egress from the property. An outstanding opportunity to avoid the considerable time and expense associated with building a specialized medical or dental facility from the ground up. Real estate only; the existing medical/dental equipment may be available for purchase separately.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$450,000
Annual Taxes$10,609
HOA Fee$1139.21

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofRubber
Foundation--
ZoningBL-1

Property & Lot

Acres0.05
SqFt Lot2,060
Lot Features--

Geography

Listing Provided By

Listing Agent: James Kalogeropoulos

Listing Office: RE/MAX Partners

MLS® Number: 73569588