105 Merrick Street

105 Merrick Street and 29-31 Sever Street are located within the Institution Park neighborhood, known for its proximity to educational institutions and healthcare facilities, contributing to a community-focused environment that further cemented with its proximity to Elm Park. The property is located within a mixed-use area, featuring a combination of residential homes and commercial establishments, providing accessibility to area amenities. As the property is also centrally located within Worcester, MA, it also benefits from easy access to nearby major transportation routes (I- 290: ~1 mile, I-190: ~3 miles , Rte 9: ~1.5 mile, and Rte 146: ~2.5 miles).105 Merrick St is a 3,577sf office building that was completely renovated and is in excellent condition. The property has most recently been utilized by Spectrum Health Systems, Inc. for behavioral health therapies. The building has a highly attractive historic look on the exterior, while the existing lay out of the building, including numerous private offices and exam rooms, is highly functional and allows for a medical or clinical user to take advantage of the existing infrastructure without substantial additional investment. The first floor is built out with 8 exam rooms, two bathrooms, a primary lobby facing Merrick Street, a secondary lobby access via Sever Street, and a large nurses work station and break area. The second floor consists of five individual offices, two bathrooms, and two conference rooms. With the parcel located at 29-31 Sever St, there is substantial parking with 40+ lined parking spaces. A number of the spaces are utilized by the neighboring properties, providing the potential to capitalize on additional rental income.