50 PRESCOTT ST
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Location
50 PRESCOTT ST
Mblu
01/ 006/ 00003/ /
Acct#
01-006-00003
Owner
GATEWAY PARK LLC
Total Market Value
$15,097,500
PID
51018
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$10,857,400$4,240,100$15,097,500

Owner of Record
OwnerGATEWAY PARK LLC
Co-Owner
Address100 INSTITUTE ROAD
WORCESTER, MA 01609
Sale Price$0
Certificate
Book & Page 34911/0250
Sale Date10/28/2004
Instrument1K

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
GATEWAY PARK LLC$0 34911/02501K10/28/2004

Building Information
Building 1 : Section 1
Year Built: 2011
Living Area: 92,187
Replacement Cost: $22,014,852
Building Percent Good: 100
Replacement Cost
Less Depreciation:

$22,014,900
Building Attributes
FieldDescription
Style:Research & Developme
ModelCommercial
GradeVG FP STEEL
Stories:4
Occupancy 
Exterior Wall 1Brick/Stone
Exterior Wall 2Glass
Roof StructureFlat
Roof CoverRubber Roofing
Interior Wall 1Drywall/Shtrk
Interior Wall 2 
Interior Floor 1Ww/Carpet
Interior Floor 2Terrazzo Monol
Ext. Qual.EXCELLENT
Int. Qual.EXCELLENT
Bldg UseR-D FACIL
Bath Grade 
Elevator100
Sprinkler100
1st Floor Use:34000
Heat/ACPackage Unit
Frame TypeFireprf Steel
Baths/Plumbing 
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 66,420 66,420
GLAGross Leasable Area 25,767 25,767
CANCanopy 253 0
UBMBasement, Unfinished 21,656 0
   114,096 92,187

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELVElevator4.00 Story$100,0001

Land
Land Use
Use Code3400
DescriptionOFFICE BLD MDL-94  
ZoneBG-6
Neighborhood1
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)36975
Depth
Total Market Land$4,240,100

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT3310.00 S.F.$4,5001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$10,234,886$3,944,300$14,179,186
2024$10,511,372$3,944,300$14,455,672
2023$10,479,318$3,430,400$13,909,718

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