Coffee Shop Space with
307 Grafton St Shrewsbury, Shrewsbury, MA 01545
For Sale
Contact for pricing
Two available suites combine a café layout with professional office space and shared access to parking and signage.
Property Size3,600 SF
Price / SF$0.01
Days on Market171
Property Features for 307 Grafton St Shrewsbury
General Information
Standard status
Size
Zoning
Lease Type
Space & Availability
Space Use
Sublease
Site & Location
Corner Location
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
ample parking
prominent signage opportunities
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Keller Williams Realty North Central
Listed By:
Nicholas L. Pelletier
(978) 674-7146
Source:
Bournetosellrealestate
Added: May 28
Changed: Nov 13
Last Checked: Oct 7 at 9:46AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,600-square-foot commercial property includes two available spaces with distinct configurations. One is arranged for café operations, while the other is finished as professional office space. The building was constructed in 2004 and carries COM BU zoning.
The property occupies the intersection of Route 9 and Route 140 in Shrewsbury, with access to major highways. On-site parking and prominent signage opportunities support customer-facing and professional business uses. The café configuration may accommodate a coffee shop, bakery, deli, juice bar, quick-service restaurant, specialty food concept, or retail boutique, subject to applicable requirements.
The property occupies the intersection of Route 9 and Route 140 in Shrewsbury, with access to major highways. On-site parking and prominent signage opportunities support customer-facing and professional business uses. The café configuration may accommodate a coffee shop, bakery, deli, juice bar, quick-service restaurant, specialty food concept, or retail boutique, subject to applicable requirements.
Key Highlights
- Two spaces available: one café‑configured suite and one professional office suite
- 3,600 SF commercial property constructed in 2004
- Located at the intersection of Route 9 and Route 140
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
NOI $65,610 @ 7.0% cap
Second Best
Specialty Retail
$814.8K
$713.0K – $950.6K
NOI $57,037 @ 7.0% cap
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,054 @ 7.0% cap
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
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Similar Off Market Nearby
- Cafe Noir — 307 Grafton St, Shrewsbury, MA 01545
Frequently Asked Questions
What type of property is this?
Coffee shop - Two available suites combine a café layout with professional office space and shared access to parking and signage.
Where is this coffee shop located?
The property is located at 307 Grafton St Shrewsbury Shrewsbury, MA.
What are key features of this property?
This property features: Two spaces available: one café‑configured suite and one professional office suite; 3,600 SF commercial property constructed in 2004; Located at the intersection of Route 9 and Route 140
