160 Shrewsbury St Holden, MA 01520-2163
This exceptional commercial property at 160 Shrewsbury Street in Holden, Massachusetts, presents a lucrative investment opportunity. The 2,196 square foot retail building sits on a sizable 1.64-acre lot, strategically positioned at a busy, signalized three-way intersection of Shrewsbury, Holden, and Chapel Streets. This high-visibility location ensures maximum exposure to a substantial customer base. The property boasts 100% occupancy, generating immediate income potential. Built in 1935, the building is zoned R-2, offering flexibility for various commercial uses. Its prime location offers easy access to major transportation arteries, including less than a 5-minute drive to I-190 in Worcester, providing convenient access for both customers and employees. The area surrounding the property is characterized by a high population density and higher-than-average incomes, creating a strong market for retail businesses. This corner lot presents a rare opportunity to acquire a well-established, income-producing retail property in a thriving commercial area. The asking price is $995,000. The property's size, location, and current occupancy make it an ideal investment for discerning buyers seeking a strong return on investment in a desirable Massachusetts market. The zip code is 01520, and the property is located in Worcester County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
R15 · Holden, MAHolden. Always verify with local authorities before improvements.
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.