Penny Wood - HK Realty Logo
$1,200,000
 $6,442 est/mo Sourced by Back At You

145 Plantation St,Worcester, MA 01604

Worcester, MA 01604

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Description

Exceptional Worcester development opportunity. The most recent concept plan provides for 42 residential units in seven buildings, together with substantial on-site parking and a thoughtfully designed internal site layout.This is far more than raw development land. Significant engineering, site planning and entitlement work has already been completed, with extensive plans and supporting documentation available for review. The project has undergone several design iterations, with the 42-unit / 7-building configuration representing the current development concept.Preliminary architectural plans and elevations have also been prepared for the proposed residential buildings.At approximately $28,571 per proposed unit, the property offers a compelling opportunity for a multifamily developer seeking a well-located Worcester project where a substantial amount of the preliminary development work has already been undertaken.Plans, engineering, approval documentation and additional project information available to qualified prospective purchasers. Buyer to perform its own due diligence regarding the current status, transferability and requirements of all permits and approvals.

Details

MLS #73588669
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site17
Listing Provided ByRE/MAX Partners | David Stead

Features

ZoningRL-7
Acreage2.56
Golf CourseYes
Water FrontYes

Exterior

Lot FeaturesRolling Slope, Gentle Sloping, Curbs & Gutters, Storm Drains, Sidewalks

Utilities

SewerPublic Sewer
GasAt Street
ElectricAt Street

Taxes

Tax Annual Amount1891
Tax Assessed Value142400
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
Senior Community Yes / NoNo

Area Information

StateMA
CountyWorcester
CityWorcester
Zip Code01604
AreaWorcester
Listing VS Median (in 01604)
Price:
$1,200,000
low | high
Med:
$385,000
100% of Average
On site:
17
low | high
Med:
32.5
52.307692307692% of Average
Sourced by Back At You

Market Activity 01604

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Additional Information

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Contact

Learn More About This Property

Penny Wood

Penny Wood

HK Realty

051694 (603) 944-2857penny.wood@h-krealty.com
StateMA
CountyWorcester
CityWorcester
Zip Code01604
AreaWorcester
Listing VS Median (in 01604)
Price:
$1,200,000
low | high
Med:
$385,000
100% of Average
On site:
17
low | high
Med:
32.5
52.307692307692% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $900K - $1.5M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
31 Chrome Street Property Photo 1
$1,139,000
31 Chrome Street
Worcester, MA 01604
52 & 52.5 Wall St Property Photo 1
$949,000
52 & 52.5 Wall St
Worcester, MA 01604
Listing Updated: October 12, 2026 at 2:41:53 AM PDT

Penny Wood - HK Realty