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121 Water St, Worcester MA 01604

Worcester, MA 01604
$25
Est. $2,229/month
0.33
Acres
1900
Year Built
237
Days on Market
Active Listed Jun 29, 2025 • MLS# 73398219 Copied!

About this home

Gross Lease 20 - 30 SQFT. No NNN. Rare opportunity to lease a fully built-out gym space in one of the fastest-growing neighborhoods in the city. Currently occupied by a fitness tenant, this first-floor commercial space becomes available October 1st—just as the neighborhood will be left without a gym presence. Located within walking distance to Polar Park, this space is surrounded by over 1,000 new residential units brought online in recent years, with more in the pipeline—a perfect built-in customer base for a fitness business. Property Highlights: First-floor location with excellent visibility and access. Fully turn-key gym layout: just bring your equipment and open. Showers and locker area in place. High 16-foot roll-up garage door—ideal for ventilation, outdoor classes, or dramatic entry. Central air conditioning throughout.Parking available. Ideal for personal training studios, boutique fitness, functional training, or other health and wellness concepts.

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Property Overview

Listing Type
Commercial Lease
Year Built
1900

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1900
Lot Size 0.33 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $24,341

Interior Features

Flooring:
Appliances:
Interior Features:
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Basement:
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Construction & Materials

Year Built: 1900
Structure Type:
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Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
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Exterior & Lot

Exterior Features:
Patio & Porch:
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Parking & Garage

Parking Features:

Location

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Neighborhood

121 Water St, Worcester MA 01604

Worcester, MA 01604

Walkability

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Nearby Schools

School District
Worcester School District local
C-
🎓 Where Graduates Go Class of 2021
51% attend college
35% 4-Year 16% 2-Year 4% Out of State 4% Working
School Safety 2024-25
4.1% Above Average
3.3% Suspensions 1.7% In-School 0.8% Emergency
1.4% below state avg
E

Elementary Schools

3 schools
C-
Learning First Charter Public School
0.3 mi | #289 of 352 | Score: 32.5
Improved 43 spots from last year
-25.7 below state avg
666 students Diverse
Rising School
Grades K-08
F
Union Hill School
0.4 mi | #815 of 824 | Score: 25.3
Dropped 19 spots from last year
-33 below state avg
377 students Diverse
Grades K-06
F
Grafton Street School
0.4 mi | #795 of 824 | Score: 29.1
Improved 4 spots from last year
-29.1 below state avg
386 students Diverse
Diverse Student Body
Grades K-06
M

Middle Schools

2 schools
C-
Worcester East Middle School
0.7 mi | #298 of 352 | Score: 31.5
Improved 55 spots from last year
-26.7 below state avg
731 students Diverse
Rising School Diverse Student Body
Grades 06-08
The Nativity School of Worcester
1.3 mi
Grades 05-08
H

High Schools

3 schools
Worcester Academy
0.3 mi
Grades 06-12
Worcester Alternative High School
1.1 mi
36 students Diverse
Grades 07-12
Saint Paul Diocesan Junior/Senior High School
1.1 mi
Grades 07-12
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Loan Amount
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,028
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 29, 2025
$25
Original listing
Agent: Edward Murphy Office: 7 Hills Real Estate

Price & Status History

Date Event Price Change
Jun 29, 2025 New Listing Added $25

Market Statistics

Days on Market
237 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $24,341

Financial Details

Annual Property Tax
$24,341
Tax Year 2025

Listing Information

Listing Agent Edward Murphy
Listing Office 7 Hills Real Estate
Agent MLS ID K8000993
Office MLS ID AN6800
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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