Worcester Rd Charlton, MA 01507

Property Details for Worcester Rd

Year built

1900

Property type

Commercial real estate

Description

This exceptional 1.16-acre commercial property in Charlton, MA, presents a remarkable investment opportunity. Boasting a prime corner location at the intersection of Gillespie Road and Route 20, this site benefits from exceptionally high daily traffic counts exceeding 26,000 vehicles, ensuring maximum exposure for any business. Currently improved with two multifamily homes, the property offers immediate income potential while allowing for diverse development options. Its strategic placement directly across from Ted's Package Store and a mere quarter-mile from the new, $390 million Amazon distribution center guarantees significant foot and vehicle traffic. The proximity to major roadways, including easy access to the Massachusetts Turnpike (Pike), further enhances its accessibility and desirability. The corner lot configuration provides multiple possibilities for business layouts, including potential drive-through configurations, maximizing operational efficiency and customer convenience. This property is ideal for a franchise or independent business seeking a high-visibility location with substantial daily traffic flow and excellent access to regional transportation networks. The existing multifamily units offer a stable income stream while the significant development potential makes this a truly unique investment opportunity in a rapidly growing area. The property's size and location make it suitable for a wide range of commercial uses, capitalizing on the high traffic volume and strategic location.

Location Insight

City

Charlton

County

Worcester

State

Massachusetts

Longitude

-71.9953

Latitude

42.1446