50A Franklin Street, Worcester, MA 01608
50A Franklin Street, Worcester, MA 01608
50A Franklin Street, Worcester, MA 01608
50A Franklin Street, Worcester, MA 01608
50A Franklin Street, Worcester, MA 01608
50A Franklin Street, Worcester, MA 01608
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Guillermo A Molina Jr

Guillermo A Molina Jr

+1(978) 360-3441
$ 25

241,766 SqFt

Save
$ 25
Save

241,766 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 241,766 sqft

MLS Listing ID 73565399

HOA Y/N false

Year Built 1912

Annual Tax Amount $287,129

Tax Year 2025

Lot Size 0.780 Acres

Acres 0.78

Property Description

Prime Downtown Worcester Event & Entertainment Venue. A Rare Turn-Key Opportunity for an Experienced Hospitality, Events or Entertainment Operator. Position your concept in the heart of Downtown Worcester on Franklin Street at Franklin & Portland Streets overlooking Worcester Common. This exceptional second-generation space offers up to approximately 6,818 SF with subdivision flexibility and the infrastructure to support multiple revenue streams. The space features a fully built-out commercial kitchen, state of the art pizza oven with open/prep kitchen, bar with approximately 40 tap lines, dedicated event space, and a separate state-of-the-art theater/entertainment component. The venue is positioned to generate revenue through food and beverage, weddings, corporate events, conferences, private celebrations, ticketed entertainment, brand activations, and full or partial buyouts—creating the potential for diversified and recurring cash flow. Ideal for an upscale event and conference center, cocktail lounge, members-style club, theater and entertainment venue, or hybrid restaurant and entertainment concept, the existing infrastructure can significantly reduce the time and expense of building a hospitality destination from the ground up. The property is part of a prominent mixed-use building featuring approximately 250 residential units, office space, and an on-site entertainment component, restaurant, and within proximity to Worcester's theatre district providing built-in activity and a strong downtown customer base. High visibility, nearby public parking and substantial existing hospitality infrastructure further strengthen the opportunity. For the right experienced operator, this is more than a restaurant space—it is a venue-ready platform with multiple avenues for revenue, repeat business and cash flow, offering the opportunity to create Downtown Worcester's next premier event, entertainment, food and beverage destination.

Location

State MA

County Worcester

Area Downtown

Zoning BG-6

Direction Main Street to Franklin Street on the Worcester Common

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts

Roof Type Rubber

Others

Senior Community false

Listed by Centre Realty Group

NEARBY SCHOOLS & PROPERTIES

Guillermo A Molina Jr

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA 01950, United States

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50A Franklin Street

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