50 FRANKLIN ST
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Location
50 FRANKLIN ST
Mblu
03/ 013/ 00016/ /
Acct#
03-013-00016
Owner
GRID WORCESTER HOLDINGS LLC
Total Market Value
$21,768,700
PID
51761
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$18,581,200$3,187,500$21,768,700

Owner of Record
OwnerGRID WORCESTER HOLDINGS LLC
Co-Owner
Address50 FRANKLIN ST
SUITE 400
BOSTON, MA 02110
Sale Price$10
Certificate
Book & Page 620332/0305
Sale Date03/12/2020
Instrument1F

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
GRID WORCESTER HOLDINGS LLC$10 620332/03051F03/12/2020
FIFTY FRANKLIN LLC$100 51190/01581F07/12/2013
WORCESTER COMMONS LLC$0 35014/0373 11/05/2004
WORCESTER COMMONS LLC$0 35014/0373 11/05/2004
BANCROFT COMMONS LLC$4,150,000 22065/00580011/19/1999

Building Information
Building 1 : Section 1
Year Built: 1912
Living Area: 236,409
Replacement Cost: $26,414,516
Building Percent Good: 62
Replacement Cost
Less Depreciation:
$16,377,000
Building Attributes
FieldDescription
Style:Mixed Use/Resi-type
ModelCommercial
GradeAVE MASONRY
Stories:10
Occupancy196.00
Exterior Wall 1Brick/Stone
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G Resden
Interior Wall 1Plaster
Interior Wall 2Drywall/Shtrk
Interior Floor 1Ww/Carpet
Interior Floor 2Vinyl/Asphalt
Ext. Qual.AVERAGE
Int. Qual.AVERAGE
Bldg UsePRI RES MDL-94
Bath Grade 
Elevator100
Sprinkler100
1st Floor Use:013C
Heat/ACWarmed Cooled
Frame Type 
Baths/PlumbingAverage
Ceiling/Wall 
Rooms/Prtns 
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
GLUGLA - Upper Story 181,339 181,339
GLAGross Leasable Area 38,179 38,179
FBMBasement, Finished 16,891 16,891
UBMBasement, Unfinished 5,357 0
   241,766 236,409

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELVElevator11.00 Story$170,5001
ELVElevator11.00 Story$170,5001
ELVElevator10.00 Story$155,0001

Land
Land Use
Use Code013C
DescriptionPRI RES MDL-94  
ZoneBG-6
Neighborhood1
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)34058
Depth
Total Market Land$3,187,500

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$18,581,200$3,187,500$21,768,700
2024$15,546,400$3,187,500$18,733,900
2023$17,853,100$3,187,500$21,040,600

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