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Property profile & analytics
OFF-MARKET Estimated value $580,000
Office buildings

352 Boston Tpke Shrewsbury, MA 01545-3873

8,358 SF 0.64 ac lot Built 1987
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US38-1888757
Property summary
AI-generated overview

This exceptional 850-square-foot office suite is located at 352 Boston Turnpike in Shrewsbury, Worcester County, within the Worcester submarket. Situated directly on Route 9, this space offers unparalleled visibility and convenient access to local amenities. The suite is part of a larger, multi-tenant office building totaling 9,000 square feet, featuring large windows providing ample natural light. Ample parking is available for tenants and their clients. Currently, this is the only available space within the building, making it a rare opportunity. The suite itself boasts two private offices, a dedicated conference room, a convenient kitchenette, and two bathrooms. This is a gross lease, meaning all utilities are included in the rental price. A significant advantage is the flexibility to lease the space either furnished or unfurnished, catering to the specific needs of the prospective tenant. The building's desirable location and the suite's well-appointed layout make this an ideal space for a variety of businesses seeking a professional and convenient office environment in a high-traffic area. Don't miss this chance to secure a prime office space in a highly sought-after location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,358 SF
Lot 0.64 ac (27,878 SF)
Zoning code CB
APN SHRE M:33 B:056000
UPID US38-1888757
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • inBalance Chiropractic and Wellness Alternative Medicine Practice
  • Masiello Construction Co Inc Construction Company
  • DC Aesthetics Spa & Massage Center
  • J P Massiello Building Systems Construction Company General Contractor
  • Christina M. Wojtowicz - Worcester County Mediation Divorce Service Mediation Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$697k
Blend (final) Blend
$580k
Owner & transaction history
John P Masiello · 6 yrs held
John P Masiello
since 2020
4 recorded transactions
2020
Price N/A
2016
Price N/A
2001
Price N/A
1997
Price N/A
Zoning & alternative use
CB · Shrewsbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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