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251 Turnpike Road Southborough, MA 1772

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For Sale
$4,800,000

15,500 SF light industrial building on 3.81 acres.

Type:Commercial
Property size:
15,500 SF
Lot size:
3.81 Acres
Added:
Apr 25, 2026
Days on Market:
2
Last Refresh:
Apr 25 at 6:21 am

Property Features for 251 Turnpike Road

General Information

Standard status
Active
Size
15,500 SF
Lot size
3.81 Acres
Property subtype
Commercial

Building Details

Year Built
1998

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Listing Contact
Nicholas Herz

Listing agent Nicholas Herz

Listing office Boston Realty Advisors

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 Boston Realty Advisors


Overview

Route 9 Industrial Investment

Located on 3.81 acres along Route 9 in Southborough, MA, 251 Turnpike Road features a 15,500 SF light industrial building. The property is fully leased to two tenants and is priced at a 7.5% cap rate. The anchor tenant occupies 10,500 SF and is an established dealership with 13 years of term and annual CPI rent increases. The second tenant occupies 5,000 SF and adds a complementary automotive use to the building, having invested a significant amount of capital into its space. The property has convenient access to I-495 and approximately 600 feet of frontage, with exceptional visibility. This section of Route 9 experiences an average of 50,500 vehicles per day and has signalized intersections about one mile in both directions. The underlying zoning allows for a variety of uses and the ability to expand the existing building by 35,190 SF.
Location Intelligence

Current Use by Public Records

Luxury Details Electronics & Wireless Store CARNOVA SOUTHBOROUGH Car Dealership CARNOVA AUTO CENTER Auto Repair Shop Dayse Cars - CARNOVA ... Car Dealership

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Southborough
County
Worcester
State
Massachusetts
Longitude
-71.5390061
Latitude
42.2912054

FAQs

What type of property is this?
Industrial property - 15,500 SF light industrial building on 3.81 acres.
Where is this industrial property located?
The property is located at 251 Turnpike Road Southborough, MA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 100% leased with long‑term, stable cash flow at a 7.5% cap rate.; Anchor tenant occupies 10,500 SF with 13 years of term and annual CPI rent increases.; Potential to expand the existing building by 35,190 SF due to favorable zoning.
More about this property
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