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    7 Boston Tpke Shrewsbury, MA 01545

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Location, Redevelopment Potential.

    Lot size:
    16,851 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    327
    This exceptional 16,851-square-foot single-tenant retail space presents a compelling second-generation restaurant opportunity in Worcester County. Situated on a generous 2.67 acres of land, the property offers significant redevelopment potential. The existing structure provides a solid foundation for a variety of uses, including but not limited to, a restaurant, retail establishment, residential units, student housing, or office space. The expansive footprint allows for creative design and flexible layouts to accommodate diverse business needs. This location presents a unique chance to capitalize on a prime site with substantial square footage and ample land for expansion or complementary development. The property's versatility makes it an attractive investment for entrepreneurs and developers seeking a high-impact project in a dynamic market. The existing infrastructure provides a cost-effective starting point for renovation or repurposing, minimizing initial investment costs. This is an exceptional opportunity to acquire a significant property with substantial upside potential in a desirable Worcester County location. The property's size and location make it ideal for a variety of uses, offering a unique blend of flexibility and potential for substantial return on investment. Serious inquiries are encouraged to explore the possibilities of this remarkable property.

    Property Features for 7 Boston Tpke

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,851 SF

    Unit(s) available at that property

    Space
    Size
    16,851 SF

    HighLights

    • 16,851 square foot retail building in Worcester County.
    • Single‑tenant restaurant opportunity.
    • 2.67 acres of land.
    • Redevelopment potential for mixed‑use including retail, restaurant, residential, student housing, and office.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7544918
    Latitude
    42.2747643

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, Redevelopment Potential.
    Where is this retail property located?
    The property is located at 7 Boston Tpke Shrewsbury, MA.
    What are key features of this property?
    This property features: 16,851 square foot retail building in Worcester County.; Single-tenant restaurant opportunity.; 2.67 acres of land.
    Request Owner's contact information
    7 Boston 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
    7 Boston Tpke Shrewsbury, MA 01545
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