284 Boston Tpke Shrewsbury, MA 01545-2646
This exceptional Shrewsbury business opportunity presents a newly renovated 1,000 square foot basement space available for lease at $1000 per month. Located on the highly visible Route 9 east, directly across from Hooters, this space benefits from exceptional foot and vehicle traffic. The unit, situated in a mixed-use building, offers convenient access via a first-floor lobby entrance or a rear building staircase. Recent renovations include new flooring and walls, as well as a completely updated bathroom, making it ideal for a variety of professional services. Previously occupied by Matt's Shoes for over two decades, this space boasts a proven track record of successful retail operations. The 0.11-acre lot provides ample visibility and accessibility. The property is perfect for a resale shop, beauty services (facials, waxing, or body services), or a service industry headquarters. A one-year lease is required. Don't miss this chance to establish your business in a prime Shrewsbury location with high traffic volume and excellent visibility.
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Matt's Shoes Inc Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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Duke's Collectibles (Bike/Boat/Book/etc) Store
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
LB · Shrewsbury, MAShrewsbury. 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.