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    1485 Grafton Rd Millbury, MA 01527

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    For Sale
    $2,100,000

    8,700 SF building on 27,500 SF lot near Mass Pike.

    Property size:
    8,700 SF
    Lot size:
    0.61 Acres

    Property Features for 1485 Grafton Rd

    General Information

    Size
    8,700 SF
    Lot size
    0.61 Acres

    Source: Centre Realty Group Agent Matt Javitch

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

    Overview

    Millbury Freestanding Building For Sale

    This 8,700 SF freestanding building is situated on a 27,500 SF lot in the East Millbury Business District. The property benefits from high visibility and strong traffic counts. Zoned East Millbury Business (EMB), the location allows for retail, restaurant, medical, professional office, two-family, and multifamily dwellings (by special permit). The property is located one minute from the Mass Pike and close to area amenities. Currently configured as an open commercial space, the building includes a loading dock, ADA accessibility, and ample on-site parking. This property is suitable for a business looking for immediate occupancy or a developer seeking to reimagine the site under the EMB zoning flexibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sclamo's Appliance & Furniture Appliance Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Millbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7422111
    Latitude
    42.2313096

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    FAQs

    What type of property is this?
    Retail space - 8,700 SF building on 27,500 SF lot near Mass Pike.
    Where is this retail space located?
    The property is located at 1485 Grafton Rd Millbury, MA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - 1 minute from Mass Pike, providing exceptional access and visibility.; - Located in the East Millbury Business (EMB) zone, allowing for diverse commercial, mixed-use, or residential development options.; - **8,700 SF freestanding building on a spacious 27,500 SF lot.**
    (617) 332-0077
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    1485 Grafton Rd Millbury, MA 01527
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    Millbury, MA 01527
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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
    1485 Grafton Rd Millbury, MA 01527
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