Prime Downtown Worcester Event & Entertainment Venue
A Rare Turn-Key Opportunity for an Experienced Hospitality, Events or Entertainment Operator. Position your concept in the heart of Downtown Worcester on Franklin Street at Franklin & Portland Streets overlooking Worcester Common. This exceptional second-generation space offers up to approximately 6,818 SF with subdivision flexibility and the infrastructure to support multiple revenue streams. The space features a fully built-out commercial kitchen, state of the art pizza oven with open/prep kitchen, bar with approximately 40 tap lines, dedicated event space, and a separate state-of-the-art theater/entertainment component. The venue is positioned to generate revenue through food and beverage, weddings, corporate events, conferences, private celebrations, ticketed entertainment, brand activations, and full or partial buyoutscreating the potential for diversified and recurring cash flow. Ideal for an upscale event and conference center, cocktail lounge, members-style club, theater and e
48 Franklin St
Worcester, MA 01608
Apartment building
20 beds
Available units
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What's special
Dedicated event spaceFully built-out commercial kitchen
Neighborhood: 01608
Areas of interest
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Travel times
Getting around
Walk Score®
 / 100
Walker's ParadiseTransit Score®
 / 100
Good TransitBike Score®
 / 100
BikeableNearby schools in Worcester
Chandler Elementary Community School
Grades K-6 • 0.6 miles4/10
GreatSchools® Rating
Test Score Rating
2/10Student Progress Rating
5/10Worcester East Middle School
Grades 7, 8 • 1.1 miles4/10
GreatSchools® Rating
Test Score Rating
3/10Student Progress Rating
4/10University Pk Campus School
Grades 7-12 • 1.6 miles4/10
GreatSchools® Rating
Test Score Rating
3/10College Readiness Rating
6/10Student Progress Rating
4/10Living in Worcester
The 01608 area, located in Worcester, Massachusetts, offers a vibrant and diverse community with a rich history. Renters can expect a median rent of approximately $1,800, with prices ranging from $1,200 to $2,500. The neighborhood boasts a mix of urban energy and historic charm, with local highlights including easy access to parks like Green Hill Park, a variety of restaurants and cafes, and cultural venues such as the Hanover Theatre. Residents enjoy a lively arts scene and a supportive community atmosphere, along with family-friendly amenities and pet-friendly spaces that enhance the overall lifestyle.
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Frequently asked questions
What is the walk score of 48 Franklin St?
48 Franklin St has a walk score of 91, it's a walker's paradise.
What is the transit score of 48 Franklin St?
48 Franklin St has a transit score of 60, it has good transit.
What schools are assigned to 48 Franklin St?
The schools assigned to 48 Franklin St include Chandler Elementary Community School, Worcester East Middle School, and University Pk Campus School.
What neighborhood is 48 Franklin St in?
48 Franklin St is in the 01608 neighborhood in Worcester, MA.
