The Goldberg Building in Worcester’s Canal District has been sold for $1.6 million to a familiar face in the neighborhood’s business scene.
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The Goldberg Building in Worcester’s Canal District has been sold for $1.6 million to a familiar face in the neighborhood’s business scene.
An entity managed by Jefferson Mararian, owner of 107 TAP bar and other buildings in and around the Canal District, purchased the historic four-story building at 97 Water St. in a deal finalized on Tuesday, according to Worcester District Registry of Deeds records.
The building was sold by a trust managed by Matthew Giangregorio, son of the late Canal District business figure John Giangregorio.
Mararian purchased his building due to his belief in the continued growth of the Canal District. He said discussions are ongoing to find a new tenant for the first floor space formerly occupied by Whiskey on Water, a bar which closed in 2024, as well as available office space in the floors above.
“Another reason I moved forward with the purchase is that the building was fully renovated by one of the pioneers of the Canal District, John Giangregorio,” Mararian wrote in an email to WBJ. “John did an excellent job with the renovations and played a major role in the area’s growth and success. I knew John for many years, and working with his son Matt and the rest of the family made for a smooth transition, as they know the building will remain with someone who shares John’s vision for the neighborhood.”
The building was constructed in a Classic Revival style around 1908 by Samuel and Jennie Goldberg, a husband and wife who were Jewish immigrants from Russia, according to a nomination form filed to have the site placed on the National Register of Historic Places.
The building was placed on the NRHP in 2007. A year later, Giangregorio’s redevelopment of the building won the Worcester Regional Chamber of Commerce’s Silver Hammer Award, an honor given to notable redevelopments of historic buildings, according to the listing for the property.
The sale of the Goldberg Building was brokered by Jimmy Kalogeropoulos of Worcester-based RE/MAX Partners.
The building received a 2026 tax assessment value of $1.05 million, according to City of Worcester property records.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
