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4 Baths
241,766 sqft

$25/month

50A Franklin Street, Worcester MA, 01608

Price per sqft$0.00
Built in1912
Property size241,766 sqft
Property typeCommercial

Overview

Active

Listed Aug 19, 2026

Updated 2 weeks ago

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 8414 SF 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 buyouts—creating the potential for diversified and recurring cash flow. Ideal for an upscale event and conference center, cocktail lounge, members-style club, theater and entertainment venue, or hybrid restaurant and entertainment concept, the existing infrastructure can significantly reduce the time and expense of building a hospitality destination from the ground up. The property is part of a prominent mixed-use building featuring approximately 250 residential units, office space, and an on-site entertainment component, restaurant, and within proximity to Worcester's theatre district providing built-in activity and a strong downtown customer base. High visibility, nearby public parking and substantial existing hospitality infrastructure further strengthen the opportunity. For the right experienced operator, this is more than a restaurant space—it is a venue-ready platform with multiple avenues for revenue, repeat business and cash flow, offering the opportunity to create Downtown Worcester’s next premier event, entertainment, food and beverage destination.

Additional information

MLS® ID
73565399

Interior Features

Bathrooms
4
Basement
No

Exterior Features

Lot Size
0.78 Acres

Other Property Details

Taxes
$287,129
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Fionnula Bohan with Centre Realty Group

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Data last updated 3:15 AM UTC, 9/18/2026

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