
174 Davis Street Douglas — Photo 1 of 35
Recent Drop: $80,000
$1,695,000
Investment Analysis — 174 Davis Street
Douglas, MA 01516
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01516 carries an estimated $1,660/mo in gross rent — about a -0.31% cap rate and $-5,201/yr in estimated NOI at the $1,695,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
3
SqFt
5,324
Style
Other
Built
2000
Rare opportunity to acquire a versatile flex industrial property. The approximately 5,324± sq. ft. building offers an ideal blend of professional office and warehouse space, well suited for an owner-user, contractor, light manufacturing, assembly, research and development, distribution, showroom, or service-based operation. The first floor includes approximately 1,280 sq. ft. of finished office space featuring a reception area, private office, dedicated lab/tech room, break room, and two handicap-accessible restrooms. The second floor provides an additional 1,280± sq. ft. of flexible office, administrative, sales, or lab space with a private restroom and the potential to open into the industrial area for mezzanine-style storage. The 2,764± sq. ft. warehouse features an 18-foot clear ceiling height, a 14' x 12' rear drive-in door, and a 10' x 8' side loading dock. Highly adaptable interior layout, ample parking, and convenient truck access provide flexibility for a wide range of commercial and industrial uses. All of this is sited on a combined 10.63± acres. Owner financing may be considered.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$1,695,000
Was $1,775,000
Sep 17, 2026
MLS® 73555880
$1,775,000
Jul 28, 2026
MLS® 73555880
$6,000
Apr 16, 2026
MLS® 73503002
Listing Agent: David Restic
Listing Office: Property Services Network
MLS® Number: 73555880

