NE Provenance

115 Madison St

Worcester, MA 01610

Mixed Use
Owner
Mad...
Owner Type
LLC
Tenure
7 yrs
Assessed
$5,521,300
Built
2022
Sq Ft
377,090
Lot
2.36 ac
Bed/Bath
—
Type
Mixed Use
Elevated Risks14ConditionC2Fire GradeAPermits24Last PermitJun 2024FloodX

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115 Madison St, Worcester, MA 01610— Property Report

Building& Property Details

115 Madison St is a Mixed Use built in 2022 located in Worcester, WORCESTER County, MA. The building has 377,090 square feet of building area on a 2.36-acre lot.

Flood Zone & Natural Hazard Assessment

115 Madison St is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 115 Madison St at Grade A (Excellent fire protection access). The nearest fire station, WORCESTER FIRE DEPARTMENT, is 0.2 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 24 building permits on file for 115 Madison St. The most recent permit was filed June 28, 2024. In the past five years, 1 permit has been issued. The current municipal assessment is $5,521,300, with $1,584,400 attributed to land and $3,936,900 to improvements. The property last sold on March 29, 2019 for $6,100,000.

WorcesterNeighborhood & Community

115 Madison St is located in Worcester, WORCESTER County, MA. The property is zoned BG-6.0 (General Business 6 To 1 Floor Area Ratio). The median home value in this census tract is $362,100. Median household income is $40,891. The owner-occupancy rate in the surrounding area is 18%. The property is served by the Worcester school district.

Full Property Intelligence Report

The complete NE Provenance report for 115 Madison St, Worcester, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.