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Millbury Commercial Building on Spacious Lot

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.

Type:Commercial

Property size:

8,700 SF

Lot size:

0.63 Acres

Price / SF:

$241/SF

HighLights

Prime location: Just 1 minute from the Mass Pike, offering exceptional visibility and access.
Development potential: Located in the East Millbury Business District (EMB) zone, allowing for diverse commercial, mixed‑use, or residential development.
Spacious 27,500 SF lot provides ample space for various uses or expansion.
Large 8,700 SF freestanding building suitable for immediate occupancy or redevelopment.
Existing features: Includes a loading dock, ADA accessibility, and ample parking.
Versatile opportunity: Ideal for owner‑occupants, investors, or developers.

We can help!

Listing Contact

Pahola Deleon

Learn more

For Sale

$2,100,000

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

Type:Commercial

Property size:

8,700 SF

Lot size:

0.63 Acres

Price / SF:

$241/SF

Added:: Apr 25, 2026
Days on Market:: 48
Last Refresh:: Apr 25 at 6:33 am

Property Features for 1485 Grafton Rd

General Information

Standard status: Active
Size: 8,700 SF
Lot size: 0.63 Acres
Property subtype: Commercial

Building Details

Year Built: 1966

We can help!

Listing Contact

Pahola Deleon

Listing agent Pahola Deleon

Listing office Centre Realty Group

Listing date Apr 25, 2026

Source Liongatere

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 Centre Realty Group

HighLights

Prime location: Just 1 minute from the Mass Pike, offering exceptional visibility and access.
Development potential: Located in the East Millbury Business District (EMB) zone, allowing for diverse commercial, mixed‑use, or residential development.
Spacious 27,500 SF lot provides ample space for various uses or expansion.
Large 8,700 SF freestanding building suitable for immediate occupancy or redevelopment.
Existing features: Includes a loading dock, ADA accessibility, and ample parking.
Versatile opportunity: Ideal for owner‑occupants, investors, or developers.

Overview

This 8,700 square foot freestanding commercial building is situated on a 27,500 square foot lot. The property is located in the East Millbury Business District (EMB) zone, offering a range of commercial, mixed-use, or residential development options. The site is located one minute from the Mass Pike. Currently configured as an open commercial space, the building includes a loading dock, ADA accessibility, and ample parking. This property is suitable for owner-occupants, investors, or developers. It is ideal for a business seeking immediate occupancy or a developer looking to reimagine the site under the EMB zoning flexibility.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$187.9k	$21.60
− Vacancy	−$4.1k	−$0.48
EGI	$183.8k	$21.12
− OpEx	−$55.1k	−$6.34
NOI	$128.7k	$14.79

8,700 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.84M

$1.61M – $2.14M (±1% cap)

NOI $128,650 @ 7.0% cap · market cap 6.13%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.97M

$2.60M – $3.47M (±1% cap)

NOI $207,965 @ 7.0% cap · market cap 9.90%

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

Location Intelligence

Current Use by Public Records

Sclamo's Appliance & Furniture Home Appliance Store

Suggested Use

Location Insight

Map
Local Demand

City: Millbury
County: Worcester
State: Massachusetts
Longitude: -71.7422111
Latitude: 42.2313096

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For sale
Commercial land
MA
Millbury
01527
1485 Grafton Rd

What type of property is this?

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

Where is this commercial land 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: Prime location: Just 1 minute from the Mass Pike, offering exceptional visibility and access.; Development potential: Located in the East Millbury Business District (EMB) zone, allowing for diverse commercial, mixed‑use, or residential development.; Spacious 27,500 SF lot provides ample space for various uses or expansion.