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Waterfront Function Hall/Office Space
For Lease
$18 SF/Yr

206 S Quinsigamond Ave, Shrewsbury, MA 01545

Versatile space with lake views, suitable for various commercial uses.

Space Size3,500 SF
Property Size5,457 SF
Days on Market191

Property Features for 206 S Quinsigamond Ave

General Information

Standard status Active
Size 3,500 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 5,457 SF
Year Built 1950

Spaces For Lease

at 206 S Quinsigamond Ave Contact us

206 S. Quinsigamond Ave $18/SF/Yr

Size
3,500 SF
Term
Negotiable
Contact us
Listing Agency: NAI Glickman Kovago & Jacobs
Listed By: Jeffrey Borus
Source: Naiglobal
Added: Feb 26 Changed: Aug 8 Last Checked: Sep 4 at 4:45AM

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 NAI Glickman Kovago & Jacobs

Investment Insights

Based on property information with market context.

This property offers approximately 3,500 square feet of function hall, open floor commercial, and/or office space. Situated on a waterfront location, it provides views of Lake Quinsigamond. The property is located near Routes 9 and 20, and is close to the City of Worcester. It is suited for caterers needing function room space for approximately 100 people, churches, and open floor plan commercial or office users. Public water and sewer services are available. The property includes handicap accessible bathrooms and access via a lift. There are 25 or more parking spaces available on site and in the surrounding area.

Key Highlights

  • Waterfront property with STUNNING views of Lake Quinsigamond.
  • 3,500+\/-sf of function hall, open floor commercial and/or office space.
  • Ideally suited for caterers (approx 100 people), churches, and open floor plan commercial/office users.

Property Analytics

Current Use

Eastern Shores Club Hotel & Motel Knights of Columbus Volunteer Organization Bishop Reilly Association Or Organization

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

Demographics for 01545, MA

38,316
Population
15,318
Households
2.5
Avg Household Size
41
Median Age
66%
College-Educated
96%
High-School Grad
20.8 sq mi
ZIP Area
1,842
Density / Sq Mi
$136,225
Median Household Income
$74,718
Median Earnings
$2,046
Median Rent
$555,500
Median Home Value

Market

Lease Benchmarks for Shrewsbury, MA

$19.53 /SF/Yr
Avg Asking Price
$7.02–$25 /SF/Yr
Price Range
4,711 SF
Avg Space Size

This space is priced 8% below the average of $19.53 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Versatile space with lake views, suitable for various commercial uses.
Where is this office units located?
The property is located at 206 S Quinsigamond Ave Shrewsbury, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Waterfront property with STUNNING views of Lake Quinsigamond.; 3,500+\/-sf of function hall, open floor commercial and/or office space.; Ideally suited for caterers (approx 100 people), churches, and open floor plan commercial/office users.
More about this property
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