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Storefront Café Space
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307 Grafton St, Shrewsbury, MA 01545

Highly visible café-configured storefront at a Route 9 and Route 140 intersection with flexible space for multiple concepts.

Property Size3,600 SF
Price / SF$0.01
Days on Market320

Property Features for 307 Grafton St

General Information

Standard status Active
Size 3,600 SF
Property subtype Commercial
Zoning COM BU
Lease Type NNN

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $28,575

Building Details

Building Size 3,600 SF
Year Built 2004
Listing Agency: Keller Williams Realty North Central
Listed By: Nicholas L. Pelletier
Source: Churchillprop
Added: Dec 15, 2025 Changed: Oct 25 Last Checked: Oct 30 at 11:51AM

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 Keller Williams Realty North Central

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property offers highly visible storefront space configured as a café, along with a second available suite configured as a professional office space. The café suite’s flexible layout can support a range of food and beverage concepts, including a coffee shop, quick-service restaurant, bakery, deli, juice bar, specialty food concept, or other service-oriented retail uses. The office suite is set up for professional presentations for client-facing business operations.

Located at the intersection of Route 9 and Route 140 in Shrewsbury, the property is positioned for strong day-to-day accessibility. On-site parking supports convenient customer and employee access, and the frontage includes prominent signage opportunities. Convenient connections to major roads help make the location straightforward for visitors coming from surrounding areas.

For tenants seeking a café-forward storefront, the space provides the flexibility to tailor the layout to an operator’s needs while maintaining a retail presentation. For business owners or service providers, the accompanying office configuration supports professional use and client meetings. Two separate spaces being available can also simplify occupancy planning for operators looking for a single property presence in the same highly accessible retail setting.

Key Highlights

  • Year built 2004 commercial space available for lease at the intersection of Route 9 and Route 140 in Shrewsbury
  • Two spaces available: one configured as a caf storefront with flexible layout for multiple concepts
  • Caf space can support uses such as coffee shop, bakery, deli, juice bar, quick‑service restaurant, specialty food, retail boutique, or service business

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,037
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,740 $1.1M
Cap Rate 7%
$814,814 $814.8K
Cap Rate 9%
$633,744 $633.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$77.8K $21.60/SF
− Vacancy
−$1.7K −$0.48/SF
EGI
$76.0K $21.12/SF
− OpEx
−$19.0K −$5.28/SF
NOI
$57.0K $15.84/SF
Area
Worcester County, MA
Vacancy
2.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,740
Cap Rate 7%
$814,814
Cap Rate 9%
$633,744

Alternative Uses

Best Use
Office B
$937.3K
$820.1K – $1.09M (±1% cap)
NOI $65,610 @ 7.0% cap · market cap 285,260.87%
Second Best
Specialty Retail
$814.8K
$713.0K – $950.6K (±1% cap)
NOI $57,037 @ 7.0% cap · market cap 247,986.96%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M (±1% cap)
NOI $86,054 @ 7.0% cap · market cap 374,147.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Modern Dentistry of Shrewsbury Dental Office Shablin David Law Firm Stonewall Realty Group ... Law Firm Organic Tan at Salon ... Tanning Salon Tomaiolo Realty Group Real Estate Agency

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Hair Salon Law Firm Big Box & Wholesale Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

220
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Office unit - Highly visible café-configured storefront at a Route 9 and Route 140 intersection with flexible space for multiple concepts.
Where is this office unit located?
The property is located at 307 Grafton St Shrewsbury, MA.
What are key features of this property?
This property features: Year built 2004 commercial space available for lease at the intersection of Route 9 and Route 140 in Shrewsbury; Two spaces available: one configured as a caf storefront with flexible layout for multiple concepts; Caf space can support uses such as coffee shop, bakery, deli, juice bar, quick‑service restaurant, specialty food, retail boutique, or service business
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