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Prime Redevelopment Opportunity in Shrewsbury

7 Boston Turnpike Shrewsbury, MA 01545

7 Boston Turnpike, Shrewsbury, MA, 01545
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For Lease
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16,851 SF property on 2.67 acres with redevelopment potential.

Property Size16,851 SF
Lot Size2.67 Acres
Days on Market119

Property Features for 7 Boston Turnpike

General Information

Standard status
Active
Size
16,851 SF
Lot size
2.67 Acres
Property subtype
Retail
Listing agency CBRE | Boston
Listed by Rob Robledo · License #RES.0777085
Source Cbre
Added: Mar 25 Updated: Jul 6 at 12:43PM Checked: Jul 21 at 3:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Boston


Investment Insights

Based on property information with market context.

This 16,851 square-foot property is situated on 2.67 acres and presents a second-generation restaurant opportunity with unique potential for redevelopment. The site allows for a mix of uses, including retail, restaurant, residential, student housing, and office spaces. Located at the busiest intersection in the Worcester metro market, the site benefits from high visibility with over 50,000 cars per day recorded in 2019. It is positioned less than half a mile from UMass Memorial Hospital, which employs over 7,000 individuals and receives more than 1 million outpatient visits annually. The property is directly opposite the historic Worcester Boat Club, established in 1888, on Lake Quinnsigamond, providing dock and water access. Additionally, it is less than half a mile from the UMass Medical University Campus, which has over 3,000 faculty members and 1,184 students. The building features billboard presence on the Burns Memorial Bridge (Route 9), connecting Worcester and Shrewsbury. The location offers signalized access to Route 9 and N/S Quinnsigamond Avenue. The area boasts favorable demographics, with over 234,598 residents within a 5-mile radius and an average household income of $89,601, along with 85,515 employees within 3 miles.

Key Highlights

  • High‑traffic location: Busiest intersection in Worcester metro with over 50,000 cars per day.
  • Redevelopment potential: Unique opportunity for mixed‑use development (retail, restaurant, residential, student housing, office).
  • Proximity to major employers: Less than half mile from UMass Memorial Hospital and UMass Medical University Campus.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Building Supply Law Firm Big Box & Wholesale Store Storage Facility Electrical Service Auto Parts Store HVAC Service Garden Center Kitchen & Bath Showroom Grocery & Convenience Store

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

Similar Off Market Nearby

  • Bees & Thank You — 50 Lake Ave, Worcester, MA 01605

FAQs

What type of property is this?
Restaurant - 16,851 SF property on 2.67 acres with redevelopment potential.
Where is this restaurant located?
The property is located at 7 Boston Turnpike Shrewsbury, MA.
What are key features of this property?
This property features: High‑traffic location: Busiest intersection in Worcester metro with over 50,000 cars per day.; Redevelopment potential: Unique opportunity for mixed‑use development (retail, restaurant, residential, student housing, office).; Proximity to major employers: Less than half mile from UMass Memorial Hospital and UMass Medical University Campus.
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