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Lindsay Britton
REALTOR®
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163 Washington St, Worcester, MA 01610

$400,000
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New to the Market Active
MLS#73581171
STATUSActive PROPERTY TYPECommercial - Business

Property Description

ESTABLISHED ELEVATOR MAINTENANCE COMPANY - 40+ YEARS OF PROVEN SUCCESSThis exceptional elevator maintenance and service company represents a rare opportunity to acquire a highly profitable business with four decades of continuous operation in Worcester, Massachusetts. Family owned and operated since 1985, this union-operated enterprise has built an outstanding reputation serving the commercial and industrial elevator market.FINANCIAL HIGHLIGHTS:?¢ Annual gross revenue: $1,000,000+?¢ Asking price: $400,000?¢ Inventory value of $400,000 included in sale price?¢ Consistent revenue stream built over 40+ years?¢ Strong financial performance with established profitabilityBUSINESS OVERVIEW:This well-established company specializes in elevator maintenance, repair, and service for commercial and industrial clients throughout Worcester County. The business operates with union technicians, ensuring high service standards and technical expertise while maintaining competitive labor practices.KEY STRENGTHS:?¢ Four decades of market presence and reputation?¢ Comprehensive established client base with service contracts?¢ Union-operated workforce providing skilled labor?¢ Complete inventory of parts, tools, and equipment included?¢ Long-term customer relationships generating recurring revenue?¢ Proven operational systems and proceduresINCLUDED IN ACQUISITION:?¢ Complete client list and existing service contracts?¢ All inventory, tools, and specialized equipment ($400,000 value)?¢ Established vendor and supplier relationships?¢ Four decades of operational knowledge and systems?¢ Union workforce agreements and labor contracts?¢ Business name, reputation, and goodwillLOCATION AND MARKET:Based in Worcester, Massachusetts, the company serves a diverse client base throughout Worcester County including office buildings, manufacturing facilities, healthcare institutions, and commercial properties. The business is relocatable, providing operational flexibility for new ownership.GROWTH POTENTIAL:With established client relationships and union workforce in place, new ownership can focus on expanding service offerings and growing the customer base while maintaining the high service standards already in place.

163 Washington St | MLS# 73581171

This commercial property located at 163 Washington St, Worcester, MA 01610 is currently listed for sale with an asking price of $400,000. Search Worcester real estate on lindsaybritton.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Taxes: $24,997
Year Built: 1978

Feature Descriptions

Business Type: Commercial
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Rental Term: Monthly

Listed By / Shown By

Listed By

Agency Name: Media Realty Group Inc.
Agent Name: Karen Milhem
Agency Phone: 855-886-3342

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/24/2026. The listing information on this page last changed on 09/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/24/2026 12:00:14 AM EST) or MLSPIN MLS (last updated Wed 09/23/2026 11:38:34 PM EST) or Prime MLS (last updated Wed 09/23/2026 11:33:15 PM EST) or MREIS (last updated Wed 09/23/2026 11:55:18 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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