295 Southbridge Street is a ±0.63-acre (27,443± SF) paved, unimproved development site positioned at the convergence of SouthbridgeStreet and Jackson Street in Worcester's Canal District. Offered at $1,300,000, the property presents a rare opportunity to acquire ashovel-ready parcel in one of Central New England's most active urban development corridors, carrying BG-6.0 zoning thehighest-density commercial classification in the City of Worcester. The parcel is offered as a standalone lot. The abutting parcels to the north (63 Jackson St, ±0.96 ac) and northeast (241 Southbridge St,±0.48 ac, with existing building) have been sold to separate owners and are not available for assemblage.BG-6.0 zoning permits a 6:1 floor-area ratio by right with no maximum height limit and no minimum setbacks. Multifamily high-rise andlow-rise, hotel, medical, office, retail, life sciences, and cannabis dispensary uses are all permitted by right. See attached OM
| MLS # | 73535513 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 76 |
| Listing Provided By | Castinetti Realty Group | Andrea Beth Castinetti |
| Zoning | BG-6 |
|---|---|
| Acreage | 0.63 |
| Golf Course | Yes |
| Lot Features | Level |
|---|
| Sewer | Public Sewer, Other |
|---|---|
| Gas | On-Site |
| Electric | At Street |
| Tax Annual Amount | 7072 |
|---|---|
| Tax Assessed Value | 247200 |
| Tax Year | 2025 |
| Community Features | Public Transportation, Shopping, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Worcester |
| City | Worcester |
| Zip Code | 01608 |
| Area | Worcester |
| Listing VS Median (in 01608) | |
Price: $1,300,000 low | high Med: $188,927 On site: 76 low | high Med: 146.5 | |
| State | MA |
|---|---|
| County | Worcester |
| City | Worcester |
| Zip Code | 01608 |
| Area | Worcester |
| Listing VS Median (in 01608) | |
Price: $1,300,000 low | high Med: $188,927 On site: 76 low | high Med: 146.5 | |