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Property profile & analytics

197 Boston Tpke Shrewsbury, MA 01545-2545

  • Retail space
  • 11,250 SF
  • 1.30 lot acres
OFF-MARKET
Value Estimation
Last Sale
May 18, 2021
Location Intelligence
Property ID
US38-1177247
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • CVS Photo / Photo Shop / Print Shop
  • Bank of America ATM / Atm
  • CVS / Vitamin & Supplements Store / Drug Store
  • CVS Pharmacy / Pharmacy
  • TD Bank ATM / Atm

Property Details for 197 Boston Tpke

Year built
1999
Construction
STEEL FRAME
Lot size
1.30 lot acres
Property size
11,250 SF
Zone code
CB
Property type
Retail space
APN
SHRE M:32 B:096000
APU
SHREM32B096000

Description

This exceptional investment opportunity presents a 205-square-foot ATM space within a thriving CVS Pharmacy located at 197 Boston Turnpike in Shrewsbury, Worcester County. The property is a single-tenant retail space offering a highly visible and accessible location for an ATM. Given its placement within a busy CVS, this space benefits from consistent foot traffic generated by the pharmacy's customer base, ensuring high transaction volume potential. The property's convenient location along the Boston Turnpike guarantees excellent visibility and accessibility for potential ATM users. This turnkey solution requires minimal setup and offers immediate revenue generation potential. The space is currently available for lease, presenting a unique opportunity for investors seeking a stable, high-return investment in a prime retail location. The property's single-tenant occupancy simplifies management and reduces operational complexities. This is an ideal investment for those seeking a low-maintenance, high-yield asset in a densely populated area with strong demographics. The property's classification as both retail and special purpose reflects its unique and lucrative nature. Serious inquiries are encouraged to explore this exceptional opportunity further.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Shrewsbury
County
Worcester
State
Massachusetts
Longitude
-71.7453
Latitude
42.2755
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$27,758
$591,000
$1,651,200
$2,242,200
-
$0.00
$0.00
$0.00
More about this property
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