Medical Premises

Shrewsbury, MA Medical Office Space for Sale

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Free-Standing Office Building with Parking
Updated: May 19
Free-Standing Office Building with Parking

385 South Street, Shrewsbury, MA 01545

$1,795,000
6,039 sqft 1.69 AC lot
6,039 SF free‑standing office building in Shrewsbury, MA with handicap‑accessible first floor
Expanded and fully renovated in 2019; move‑in‑ready with high‑end finishes throughout
1.69 acres of landscaped grounds set atop a rolling hill
39 on‑site parking spaces plus prominent signage along South Street
Hardwood flooring and abundant natural light throughout
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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Shrewsbury, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Small Lab Medical Suite
Turnkey Small Lab Medical Suite

189 Main St # 6, Milford, MA 01757

Contact for pricing
1,000 sqft

Move-in-ready clinical space with multiple exam rooms, reception, and existing plumbing for small specialty uses.

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Medical Office Space with Build-Out
Medical Office Space with Build-Out

114 Water St # B 2, Milford, MA 01757

Contact for pricing
1,600 sqft

Building #2 offers 1,000 square feet of medical office space with existing dental build-out.

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Versatile Commercial Property in Worcester
Versatile Commercial Property in Worcester

9-R Short St, Worcester, MA 01604

$799,000

Commercial property with garage doors, loading dock, and investment potential.

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Flex Building with Medical Buildout
Flex Building with Medical Buildout

9-r Short Street, Worcester, MA 01604

$799,000

Flex building with three garage doors and rear loading dock, including a downstairs medical outpatient unit and upstairs space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Approved Medical Office Land
Approved Medical Office Land

28 Lumber St, Hopkinton, MA 01748

$850,000

Land approved for a 10,000 sq ft medical office.

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6.79 Acres on Merrow Road
6.79 Acres on Merrow Road

248 Merrow Rd, Tolland, CT 06084

$700,000
996 sqft 6.79 AC lot

Commercial land with ranch home in technology campus zone.

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Norwich Commercial Parcel For Sale
Norwich Commercial Parcel For Sale

171 Otrobando Ave, Norwich, CT 06360

$90,000

Multi-use commercial land parcel in a convenient Norwich location.

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Corner Commercial Land Lot
Corner Commercial Land Lot

3280 E Main Street, Waterbury, CT 06705

$199,000
0.24 AC lot

Corner lot zoned CA in Waterbury, offering approvals for a wide range of commercial and service uses.

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Shrewsbury, MA Medical Office Space Market Trends and Statistics

Explore 9 medical office space for sale in Shrewsbury, MA on our real estate platform. These investment opportunities span a total of 6,039 square feet of properties for sale, with an estimated market value of $1,795,000.

Sale prices for medical spaces in Shrewsbury, MA start at $1,795,000, averaging $1,795,000, and reaching up to $1,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 12
Medical Office Space 3
Coworking space 1
Office buildings 1

Demographics Overview

Population 38K
Population Growth (5Y) +4.8%
Median Household Income $136,225
College Educated 50.6%

Taxes & Financing

Tax Rate (average for all types) 1.24%
Property Tax per SF $22.42 per SF
Tax Rate vs County Average 0.57 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

Total CRE Inventory on Market (SF)

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