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24383551
24383550

Benson Ave, Worcester, MA 01605

WK
MA MA 9585154, CT REB.0795271 (+1)
Kelleher & Sadowsky Associates Inc
DH
MA 9​5​1​5​0​6​9
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc
$1,950,000
339 days on market
Updated 31 days ago

Benson Avenue Extension

Details
Property Type Land
Sub Type Residential
Acreage 5.980
Zoning RG 5.0
Parking Spaces 134 spaces

Benson Heights | 5.98 Acres Residential Development

Marketing description

Kelleher & Sadowsky Associates is pleased to present a premier 67-unit multi-family development opportunity located on Benson Avenue Extension in Worcester, Massachusetts.

This ±6 acre site, zoned RG-5, benefits from excellent highway accessibility, with convenient proximity to Interstates 190 and 290, Route 9, and the Mass Pike (I-90), positioning it perfectly for regional commuting and connectivity. Located in an area undergoing significant transformation, anchored by TCR’s adjacent 220-unit luxury development set for completion in early 2026, this parcel presents a compelling opportunity for a complementary project in a rapidly evolving neighborhood.

A fully permitted and approved 67-unit plan, designed by The Architectural Team, was granted approval by the City of Worcester without any affordable housing requirements. These approvals remain valid through 2028, offering flexibility for near-term development or the opportunity to re-permit a larger or phased project. A development of 250+ units is allowed by-right, with only the units exceeding the initial 67 subject to inclusionary zoning requirements.

This thriving urban neighborhood is a magnet for Land/Multifamily investors seeking promising opportunities. Boasting convenient access to major highways, public transportation, and local amenities, the area offers a diverse mix of dining, shopping, and entertainment options. Situated near iconic landmarks such as Elm Park and the Worcester Art Museum, the location provides a vibrant, dynamic environment for prospective investors. With its rich history and ongoing revitalization efforts, Benson Heights presents an ideal setting for savvy investors looking to capitalize on the momentum of Worcester's evolving real estate market.

Investment highlights

  • Land Area ±5.98 ACRES
  • Zoning RG 5.0
  • Residential Units 67 Approved
  • Parking 134 Spaces

Listing Contacts

WK
MA MA 9585154, CT REB.0795271 (+1)
Kelleher & Sadowsky Associates Inc
DH
MA 9​5​1​5​0​6​9
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc

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Additional Information

Name
Will Kelleher
License
MA 9585154
Brokerage
Kelleher & Sadowsky Associates, Inc.
Title
Real Estate Broker
Brokerage Address
120 Front Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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