50 Franklin St, Worcester, MA 01608
Worcester County
Key Facts
Description
Prime Downtown Worcester Restaurant Space at 50 Franklin Street. Jump on this rare opportunity to launch your bar, restaurant, or quick-service concept in a trophy mixed-use building at the corner of Franklin & Portland Streets—overlooking Worcester Common. Up to 6,818 SF of second-generation space with a fully built-out kitchen and bar featuring 40 tap lines. Space is sub-dividable to fit your needs. The building includes 250 residential units, 10,000 SF of office space, and an on-site entertainment venue—all driving steady foot traffic. Perfect for full-service dining, casual eats, or quick-serve. High visibility, public parking nearby, and turn-key infrastructure make this a standout downtown location. Bring your food or beverage vision to life—schedule your tour today!
Property Information
Property Type
Commercial Lease
Year Built
1912
Living Area
241,766 sq ft
Lot Size
0.78 acres
Zoning
BG-6
MLS® Listing#
73407144
Property Features
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$287,129
Tax year 2025
Parcel Number
M:03 B:013 L:00016,1763877
Directions
Franklin Street overlooking Worcester Common
Affordability Calculator
$4
Estimated monthly payment
$0/mo
Principal $16 · Est. interest $22 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Worcester, MA
- $531,683
- Median Listing Price
- 38
- Median Days on Market
- 2,098
- Median Sq Ft
- $265
- Median Price / Sq Ft
- 267
- Active Listings
- This home’s price is 100% below the area median.
- Its price per sq ft is 100% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Worcester, MA.
Location
Points of Interest in Worcester, MA
Showing the Worcester area map.
Nearby Schools
Worcester Education Collaborative
School · 0.1 mi away
Worcester Public Schools - Worcester, Ma
School · 0.3 mi away
Chandler Elementary Community
Elementary · 0.5 mi away
Head Start
Elementary · 0.5 mi away
Elm Park Elementary School
Elementary · 0.6 mi away
City View Elementary School
Elementary · 0.7 mi away
St Mary's Junior and Senior High School
Secondary · 0.7 mi away
Learning First Foundation
Elementary · 0.7 mi away
St Spyridon Preschool
School · 0.8 mi away
Venerini Academy
School · 0.8 mi away
Worcester Academy
School · 0.8 mi away
Grafton Street Elementary School
Elementary · 0.8 mi away
The Tec Schools Think Explore Create
Elementary · 0.9 mi away
St. Stephen School
Elementary · 0.9 mi away
St Peter Central Catholic Elementary School
Elementary · 0.9 mi away
Union Hill School
Elementary · 0.9 mi away
Nativity School of Worcester
School · 0.9 mi away
Woodland Academy
School · 1.0 mi away
Belmont Street Community School
Elementary · 1.0 mi away
Multiple Intelligences School
School · 1.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 95 Prescott St, Worcester, MA | $16/sqft | — | — | 11,835 |
| 1233 Main Street 1, Worcester, MA | $18/mo | — | — | — |
| 333 Shrewsbury Street B, Worcester, MA | $19/sqft | — | 6 | 5,642 |
| 50 Franklin St, Worcester, MA | $22/sqft | — | — | 241,766 |
| 333 Shrewsbury Street A, Worcester, MA | $22/sqft | — | 2 | 6,000 |
| 644 Park Ave, Worcester, MA | $25/sqft | — | — | 3,650 |
Moving Cost Estimate
EXIT Agents in Worcester
Listing Courtesy: Centre Realty Group - 6173320077
Presented by: Fionnula Bohan