1 Oak StWestborough, MA 01581

Property Details for 1 Oak St

Year built

1960

Construction

STEEL FRAME

Lot size

6.00 AC

Property size (Sq ft)

35,200 SF

Zone code

BA

Property type

Retail properties

Property subtype

Super regional malls

APN

WBOR M:0034 B:000112 L:0

APU

WBORM0034B000112L0

Description

This exceptional retail opportunity is located at 9 West Plaza, 1 Oak Street, Westborough, MA 01581. The property boasts a total of 35,779 square feet and features a single suite currently available, totaling 2,839 square feet. Situated on Route 9, a major east-west commuting route and retail corridor in Massachusetts, this location offers unparalleled visibility and accessibility. The property benefits from its strategic position, just 2 miles west of I-495 and 2.75 miles northwest of I-90 (the Mass Pike), ensuring convenient access for customers and employees. The center enjoys a strong tenant mix, including established businesses such as Chipotle, PetMedic, Jersey Mike's, FedEx, and Smileland Pediatric Dentistry & Braces, creating a vibrant and attractive retail environment. The property provides ample parking, with a ratio of 4.6 spaces per 1,000 square feet. This high-traffic location in Worcester County presents a remarkable chance to establish or expand a retail business in a thriving commercial center. The available space is ideal for a variety of retail uses and offers excellent potential for growth and success. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $8,554,829

  6.5%

  $7,896,765

  7%

  $7,332,710

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,590,065

  Geo Method

  $11,590,065

• Alternative Use

  Use

  Valuation

  Residential

  $6,661,217

  Hospitality

  $6,101,638

  Educational

  $5,076,492

  Medical

  $5,251,080

  Retail

  $7,896,765

Location Insight

City

Westborough

County

Worcester

State

Massachusetts

Latitude

42.2867

Longitude

-71.6087

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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