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$2,490,000

  • For Sale
  • Active
  • Commercial
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Turnkey mixed-use investment opportunity! This fully renovated 4-unit property features a restaurant on the ground floor and three upscale residential apartments above. Every unit has been updated with high-end finishes, offering modern style and durability for years to come. The building is fully leased, professionally managed, and maintained to the highest standard with no deferred maintenance-making it a truly hassle-free asset. Strong rent roll provides reliable income, while the combination of commercial and residential tenants creates long-term stability. An ideal addition to any portfolio seeking quality, performance, and peace of mind.

Full Property Details for 50 Water St

General

  • Price: $2,490,000
  • Taxes: $22,876 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73435233
  • Updated: 3/20/2026
  • Added to Site: 228 day(s) ago

Location

  • County: Worcester

Structural Information

  • Square Feet: 6,343
  • Year Built: 1925

Lot Features

  • Lot Size (Acres): 0.15

Financial Considerations

  • Tax Amount: $22,876.55
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Also known as: 45 Pond Street. Buyers and buyer agents to verify any information provided to your own satisfaction. Parking to be deeded and addressed before closing.
  • Property ID: M:04 B:021 L:00001, 1765015

Listed by RE/MAX Partners, James Kalogeropoulos

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Listing agent

— 50 Water St —

  • James Kalogeropoulos

    RE/MAX Partners

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 50 Water St

School District:Worcester School District
NameGradesDistance
Union Hill School
1 Chapin Street, Worcester, MA 01604
PK-60.5 mi
Jacob Hiatt Magnet School
772 Main Street, Worcester, MA 01610
PK-60.8 mi
Chandler Magnet School
525 Chandler Street, Worcester, MA 01602
PK-62.6 mi
Worcester East Middle School
420 Grafton Street, Worcester, MA 01604
6-80.7 mi
University Pk Campus School
12 Freeland Street, Worcester, MA 01603
7-121.7 mi
North High School
140 Harrington Way, Worcester, MA 01604
9-121.5 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 50 Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/24/2025
Listed
$2,490,000
730%
MLS
8/05/2014
Sold
$300,000
—
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 50 Water St

Year
Property Taxes
Change
Tax Assessment
Change
2024
-100%
$799,600
20%
2015
$11,372
—
$667,000
-9%
2015
$11,372
—
$731,000
20%
2015
$11,372
—
$609,800
17%
2015
$11,372
100%
$522,700
5%
2020
100%
$496,000
4%
2019
100%
$476,800
3%
2018
100%
$462,600
7%
2017
100%
$433,500
68%
2016
-100%
$258,100
-28%
2015
$11,372
3%
$358,400
—
2014
$11,049
-7%
$358,400
-7%
2013
$11,899
—
$385,700
—
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.

Estimate the Cost for 50 Water St

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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

Get Pre-Approved

Listed by RE/MAX Partners, James Kalogeropoulos

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50 Water Street, Worcester, MA 01604 (MLS# 73435233) is a Commercial property. 50 Water Street is currently listed for $2,490,000 and was received on September 24, 2025. Want to learn more about 50 Water Street? Do you have questions about finding other Commercial real estate for sale in Worcester? You can browse all Worcester real estate or contact a Coldwell Banker agent to request more information.

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