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$499,900 Just Listed

  • For Sale
  • Active
  • Commercial
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Discover the possibilities at 981 Main St in Leicester. Built in 1840, this distinctive multi-family property blends timeless character with exceptional space and investment potential. Offering the development plan for converting this building to a cash flowing investment. The current developer has been working with the town regarding a conversion to 8 units with off street parking, presenting a rare value-add opportunity for investors and developers alike. Adding to its appeal, the property may qualify for Historic Tax Credits, creating additional upside for redevelopment and restoration. Rich with historic charm and future potential, this is a unique opportunity to reimagine a landmark property in the heart of Leicester. This town abuts Worcester and is primed for development. Property has 17 parking spots approved, asbestos remediation complete. This set up is near ready for the permitting process. Schedule your showing today.

Full Property Details for 981 Main St

General

  • Price: $499,900
  • Taxes: $5,785 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73522856
  • Updated: 5/22/2026
  • Added to Site: 2 day(s) ago

Location

  • County: Worcester

Structural Information

  • Year Built: 1840

Lot Features

  • Lot Size (Acres): 0.36

Financial Considerations

  • Tax Amount: $5,785
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Seller reserves the right to accept an offer at any time. Electricity is not on, so bring your flashlights to view all three levels of this beautiful historic property.
  • Property ID: M:20C B:0000A13 L:0, 1558407

Listed by Lock and Key Realty Inc., Patriot Living Group and Stacey Silvia

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Listing agents

— 981 Main St —

  • Patriot Living Group

    Lock and Key Realty Inc.

  • Stacey Silvia

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 981 Main St

School District:Leicester School District
NameGradesDistance
Leicester Middle School
174 Paxton Street, Leicester, MA 01524
5-80.5 mi
Leicester Memorial Elementary School
170 Paxton Street, Leicester, MA 01524
K-40.6 mi
Leicester High School
174 Paxton Street, Leicester, MA 01524
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 981 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$499,900
60.22%
MLS
7/12/2024
Sold
$312,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 981 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$58
100%
$491,500
12%
2024
100%
$439,200
-84%
2023
100%
$2,671,000
15%
2023
100%
$2,327,400
2%
2022
100%
$2,273,100
-2%
2020
100%
$2,325,700
—
2019
100%
$2,318,700
15%
2018
100%
$2,022,500
—
2017
100%
$2,022,500
5%
2016
100%
$1,918,000
—
2015
100%
$1,918,000
52%
2014
—
$1,262,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Lock and Key Realty Inc., Patriot Living Group and Stacey Silvia

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Recent Sales near 981 Main St

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19 Laurelwood Ave, Leicester, MA 01524 - Photo 1 Sold
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981 Main St, Leicester, MA 01524 (MLS# 73522856) is a Commercial property. 981 Main St is currently listed for $499,900 and was received on May 22, 2026. Want to learn more about 981 Main St? Do you have questions about finding other Commercial real estate for sale in Leicester? You can browse all Leicester real estate or contact a Coldwell Banker agent to request more information.

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