506 Main St Shrewsbury, MA 01545-2253

Property Details for 506 Main St

Year built

1776

Construction

FRAME

Lot size

1.38 lot acres

Property size

3,016 SF

Zone code

LB

Property type

Investment properties

Property subtype

Live-work space

APN

SHRE M:21 B:169000

APU

SHREM21B169000

Description

This exceptional Shrewsbury, MA property, located at 506 Main Street, presents a unique investment opportunity. The 3,016 square foot building sits on a generous 1.38-acre lot in the desirable Town Center District. Previously occupied by a well-regarded orthodontist practice, this versatile space offers significant potential for a variety of uses. Its prime location makes it ideal for a range of businesses, including professional offices, medical practices, or senior living facilities. The ample land provides flexibility for future expansion or redevelopment projects, catering to diverse mixed-use development concepts. The property's strategic positioning within the Town Center District ensures high visibility and accessibility, attracting a substantial customer base. This presents a rare chance to acquire a substantial property in a thriving area, offering both immediate occupancy and long-term development potential. The asking price is $1,200,000. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The building's history as a successful medical practice speaks to its suitability for similar ventures, while its size and location make it adaptable to a wide array of commercial uses. The 1.38-acre lot provides significant room for expansion or redevelopment, making this a truly versatile and valuable asset.

Location Insight

City

Shrewsbury

County

Worcester

State

Massachusetts

Longitude

-71.7187

Latitude

42.2948

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments