Hartford Tpke Shrewsbury, MA 01545
This exceptional Shrewsbury, MA offering presents two adjacent commercial properties on a 0.26-acre lot, ideally situated on Hartford Turnpike (Rt. 20). Priced at $999,900, this package provides a unique opportunity for immediate business operation and potential rental income. The properties share ample parking for sixteen or more vehicles, ensuring convenient access for customers and employees. Both buildings feature modern vinyl siding and recently updated shingle roofs, and benefit from independent utility metering. Building #10 includes an ADA-compliant ramp, a pre-installed security system, and efficient mini-split heating and cooling units. This building offers a flexible, open layout with substantial storage space, perfect for customization to suit a variety of business needs. Building #6, previously used as a restaurant, presents a blank canvas for diverse commercial applications. Negotiable trade fixtures are available for a smooth transition should a restaurant concept be desired. An engineered parking plan is included, simplifying any future development or expansion plans. This easily accessible, level lot provides excellent visibility and a strong foundation for immediate business success. The combined properties offer a compelling investment opportunity with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.