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Property profile & analytics
OFF-MARKET
Commercial real estate

Hartford Tpke Shrewsbury, MA 01545

0.26 ac lot Built 1969
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1969
Lot 0.26 ac (11,326 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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