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Multi-Tenant Restaurant Property
For Sale
Contact for pricing
Pending

291 Turnpike Road, Westborough, MA 01581

Two full-service restaurants operate under net lease structures with full liquor licenses.

Property SizeContact for details
Days on Market145

Property Features for 291 Turnpike Road

General Information

Standard status Pending
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Tenancy Multi
Listing Agency: NAI Parsons Commercial Group Boston
Listed By: Victor Galvani · License #MA 9​0​8​3​2​9​1
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 31 at 9:35PM

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 Parsons Commercial Group Boston

Investment Insights

Based on property information with market context.

This multi-tenant restaurant property includes two full-service restaurant operations, each supported by a full liquor license. The asset is structured as a net-leased property and is positioned along Route 9 with access at a signalized intersection.

The property is located in Westborough, Massachusetts, near Northborough Crossing, a 600,000-square-foot power center. Route 20 and I-495 are also nearby. Residential growth includes nearly 600 apartment units developed within one mile, adding an established housing base to the surrounding commercial setting.

Key Highlights

  • Two full‑service restaurants with full liquor licenses
  • Multi‑tenant net‑leased restaurant property
  • Located directly on Route 9 in Westborough, Massachusetts

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Bakery Locksmith

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
Paved road access

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby
255k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 36% Superstores 30% Apparel 14% Home Improvements & Furnishings 11%
Target Superstores
77,291 visits/mo 0.4 miles
Chick-fil-A Dining
36,753 visits/mo 0.2 miles
Burlington Apparel
36,643 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
27,841 visits/mo 0.4 miles
McDonald's Dining
26,238 visits/mo 0.3 miles

Demographics for 01581, MA

21,567
Population
8,407
Households
2.6
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
20.6 sq mi
ZIP Area
1,047
Density / Sq Mi
$134,474
Median Household Income
$82,045
Median Earnings
$2,038
Median Rent
$637,900
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two full-service restaurants operate under net lease structures with full liquor licenses.
Where is this conventional restaurant located?
The property is located at 291 Turnpike Road Westborough, MA.
What are key features of this property?
This property features: Two full‑service restaurants with full liquor licenses; Multi‑tenant net‑leased restaurant property; Located directly on Route 9 in Westborough, Massachusetts
(508) 479-3287 Call to check price and availability
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