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    Hartford Tpke Shrewsbury, MA 01545

    Sponsored
    For Sale
    $999,900

    Two Turnkey Properties, High Visibility, Lease Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Shrewsbury, MA offering presents two adjacent commercial properties on a 0.26-acre lot, ideally situated on Hartford Turnpike (Rt. 20). Priced at $999,900, this package provides a unique opportunity for immediate business operation and potential rental income. The properties share ample parking for sixteen or more vehicles, ensuring convenient access for customers and employees. Both buildings feature modern vinyl siding and recently updated shingle roofs, and benefit from independent utility metering. Building #10 includes an ADA-compliant ramp, a pre-installed security system, and efficient mini-split heating and cooling units. This building offers a flexible, open layout with substantial storage space, perfect for customization to suit a variety of business needs. Building #6, previously used as a restaurant, presents a blank canvas for diverse commercial applications. Negotiable trade fixtures are available for a smooth transition should a restaurant concept be desired. An engineered parking plan is included, simplifying any future development or expansion plans. This easily accessible, level lot provides excellent visibility and a strong foundation for immediate business success. The combined properties offer a compelling investment opportunity with significant upside potential.

    Property Features for Hartford Tpke

    General Information

    Property type
    Other commercial real estate
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shrewsbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.74176
    Latitude
    42.24326

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    FAQs

    What type of property is this?
    Commercial real estate - Two Turnkey Properties, High Visibility, Lease Potential
    Where is this commercial real estate located?
    The property is located at Hartford Tpke Shrewsbury, MA.
    What is the asking price?
    The asking price for this property is $999,900.
    (508) 719-8804
    Request Owner's contact information
    Hartford Tpke Shrewsbury, MA 01545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hartford Tpke Shrewsbury, MA 01545
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