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Properties
Retail space
MA
Westborough
01581
153 Tpke Rd

Property profile

153 Tpke Rd Westborough, MA 01581

OFF-MARKET

Retail space

Property ID

US38-0388059

30,348 SF 3.82 ac lot Built 1985

Individually Owned 32-yr Hold Absentee Owner ~ Est. High Equity

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The property is a former pet store retail space located on Turnpike Road in Westborough, Massachusetts, positioned just after the intersection of Lyman Street and Route 9 for convenient access. The available interior space is 5,779 square feet and is suited for retail leasing, with an on-site parking field providing plentiful vehicle parking. The building includes signage capability, including signage options on the building and access to a pylon sign adjacent to Route 9, and it provides a loading dock for deliveries. The site is located approximately 3 miles from I-495 and about 10 miles from I-90, within the Westborough retail trade area near centers such as Westborough Shopping Center and Bay State Commons.

Property type Retail space

Use group RETAIL STORES (PERSONAL SERVICES)

Year built 1985

Construction STEEL FRAME

Total area 30,348 SF

Lot 3.82 ac (166,399 SF)

Zoning code BA

APN WBOR M:0034 B:000002 L:0

UPID US38-0388059

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Hair Salon Nail Salon
Hair Salon
Hair Salon Nail Salon
Hair Salon
Nail Salon

153 Tpke Rd Westborough, MA 01581-2832

Westborough metro Census 761200 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

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CAP Approach CAP

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Comparable Approach Comparable

$2.13M

Blend (final) Blend

$1.54M

since 1993

2 recorded transactions

1998

Price N/A

1993

$975,000

Zoning description

. The provisions of § 4.2B (Split lots) shall not apply. The SLO shall not apply to any parcel of land located within a Highway Business (BA) District. E. Permitted uses. Independent senior housing, senior living facilit…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$875,000

11,520 SF

233 Tpke Rd

RETAIL STORES (PERSONAL SERVICES)

233 Tpke Rd, Westborough, MA 01581-2807

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Value Estimation
$285,000

1,707 SF

26 Ss St

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Value Estimation
$340,000

1,496 SF

232 Tpke Rd

RETAIL STORES (PERSONAL SERVICES)

232 Tpke Rd, Westborough, MA 01581-2811

View Details
Value Estimation
$285,000

1,140 SF

196 Tpke Rd

RETAIL STORES (PERSONAL SERVICES)

196 Tpke Rd, Westborough, MA 01581-2806

View Details
Value Estimation
$800,000

6,090 SF

31 Ss St

RETAIL STORES (PERSONAL SERVICES)

31 Ss St, Westborough, MA 01581-1618

View Details
Value Estimation
$610,000

3,042 SF

135 Tpke Rd

RETAIL STORES (PERSONAL SERVICES)

135 Tpke Rd, Westborough, MA 01581-2892

View Details

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