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    4 Ayer Rd Shirley, MA 01464

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    For Sale
    $775,000

    Former restaurant site suitable for multi-family redevelopment.

    Property size:
    5,305 SF
    Lot size:
    0.47 Acres

    Property Features for 4 Ayer Rd

    General Information

    Size
    5,305 SF
    Lot size
    0.47 Acres

    Source: American Commercial Real Estate Agent Dusty Burke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity Near MBTA Station

    This 5,305 square foot property presents a redevelopment opportunity, particularly for multi-family housing. The site, formerly a bar and grill, features 106 feet of frontage and includes 55 parking spaces. Signage opportunities are available. The property is located diagonally opposite an MBTA station in Shirley, MA.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Phoenix Bar and Grill Bar & Grill

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shirley
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.6528202
    Latitude
    42.5449411

    Nearby Similar for Sale

    • $399,900

      Antique Two-Family Home on Acre

      Unique antique two-family home on an acre level lot.
      124 Hazen Rd, Shirley, MA 01464
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    • $589,900

      Renovated Shirley Multifamily Investment Property

      Three-unit property with renovated interiors and convenient location.
      3 Mill St, Shirley, MA 01464
      View Details

    FAQs

    What type of property is this?
    Restaurant - Former restaurant site suitable for multi-family redevelopment.
    Where is this restaurant located?
    The property is located at 4 Ayer Rd Shirley, MA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Multi-family redevelopment opportunity; - Diagonally opposite MBTA station; - 55 parking spaces available
    (508) 735-6378
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    4 Ayer Rd Shirley, MA 01464
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    Shirley, MA 01464
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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
    4 Ayer Rd Shirley, MA 01464
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