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Neighborhood Shopping Center Off Route 20
For Sale
$7,950,000

243-265 West Main Street, Northborough, MA 01532

Well-maintained neighborhood shopping center with multiple entrances, ample parking, and masonry-and-steel construction along Route 20.

Property Size50,306 SF
Price / SF$158.03
Days on Market127

Property Features for 243-265 West Main Street

General Information

Standard status Active
Size 50,306 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 50,306 SF
Construction masonry and steel frame
Tenancy Multi
Listing Agency: Kelleher & Sadowsky
Listed By: Todd Alexander · License #9521385
Source: Kelleher-sadowsky
Added: Apr 24 Changed: Aug 26 Last Checked: Aug 28 at 7:13AM

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 Kelleher & Sadowsky

Investment Insights

Based on property information with market context.

243–265 West Main Street is a well-maintained neighborhood shopping center with masonry-and-steel frame construction and a durable, low-maintenance design. Tenant spaces feature modern storefront glass systems and rear service doors for loading, along with utility configurations intended to support a variety of retail use types.

The center is prominently positioned along Route 20 in Northborough, Massachusetts, and is served by multiple points of ingress and egress with ample on-site parking. It also offers convenient access to major regional thoroughfares, including being less than one mile west of the Route 9 interchange and just minutes from Interstate 495, connecting the property to Worcester, Marlborough, and the broader MetroWest market.

The retail center is described as having historically low vacancy rates and long-standing, established tenancies, supported by a diversified mix of local retailers and service providers with select regional operators serving the daily needs of surrounding residential and business communities.

Key Highlights

  • 243–265 West Main St neighborhood shopping center with 150,306 SF of retail space in Northborough, MA
  • Located along Route 20 with prominent exposure on a heavily traveled commercial corridor
  • Well‑maintained masonry‑and‑steel frame construction designed for durable, low‑maintenance operation

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Restaurant Pharmacy Grocery & Convenience Store Garden Center

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby
393
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Santander Bank Shops & Services
393 visits/mo 0.2 miles

Demographics for 01532, MA

15,741
Population
5,913
Households
2.7
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
18.5 sq mi
ZIP Area
851
Density / Sq Mi
$174,358
Median Household Income
$90,816
Median Earnings
$2,087
Median Rent
$598,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Times Square 299 W Main St, Northborough, MA 01532, United States
  • Fox Meadow Crossing 300 W Main St, Northborough, MA 01532
  • Alyssa Higgins 269 W Main St #4d, Northborough, MA 01532, United States
  • Northboro Shopping Center 244 W Main St, Northborough, MA 01532

Frequently Asked Questions

What type of property is this?
Shopping center - Well-maintained neighborhood shopping center with multiple entrances, ample parking, and masonry-and-steel construction along Route 20.
Where is this shopping center located?
The property is located at 243-265 West Main Street Northborough, MA.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 243–265 West Main St neighborhood shopping center with 150,306 SF of retail space in Northborough, MA; Located along Route 20 with prominent exposure on a heavily traveled commercial corridor; Well‑maintained masonry‑and‑steel frame construction designed for durable, low‑maintenance operation
More about this property
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