7 Boston Tpke Shrewsbury, MA 01545
16,851 SF property on 2.67 acres with redevelopment potential.
Property Features for 7 Boston Tpke
General Information
- Standard status
- Active
Source:
Cbre
Listing Agency: CBRE | Boston Listing Agent: Rob Robledo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Redevelopment Opportunity in Shrewsbury
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.
Location Intelligence
Current Use by Public Records
Restaurants
Similar Places Nearby
Bees & Thank You
Location Insight
- Map
- Local Demand
- City
- Shrewsbury
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7544734
- Latitude
- 42.2747796
Nearby Similar for Lease
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 Tpke 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.
