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    Property profile & analytics

    560 Main St Shrewsbury, MA 01545-2918

    • Turn key restaurants
    • 2,031 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Nov 28, 2023
    Location Intelligence
    Property ID
    US38-1317461
    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

    • Shrewsbury Pizzeria / Pizza Restaurant / Italian Restaurant

    Property Details for 560 Main St

    Year built
    1927
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.06 lot acres
    Property size
    2,031 SF
    Zone code
    LB
    Property type
    Turn key restaurants
    APN
    SHRE M:22 B:163000
    APU
    SHREM22B163000

    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
    -71.7149
    Latitude
    42.2962
    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
    $2,984
    $114,800
    $126,200
    $241,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $470,000
      2,661 SF

      749 Main St

      RESTAURANT • 2,661 SF
      749 Main St, Shrewsbury, MA 01545-3106
      View Details
    • Value Estimation
      $245,000
      3,090 SF

      68-70 Clinton St

      RESTAURANT • 3,090 SF
      68-70 Clinton St, Shrewsbury, MA 01545
      View Details
    • Value Estimation
      $270,000
      1,584 SF

      6 Hartford Tpke

      RESTAURANT • 1,584 SF
      6 Hartford Tpke, Shrewsbury, MA 01545-4531
      View Details
    • Value Estimation
      $260,000
      2,178 SF

      126 Hartford Tpke

      RESTAURANT • 2,178 SF
      126 Hartford Tpke, Shrewsbury, MA 01545-4630
      View Details
    • Value Estimation by Request
      3,652 SF

      55 Boston Tpke

      RESTAURANT • 3,652 SF
      55 Boston Tpke, Shrewsbury, MA 01545
      View Details
    • Value Estimation by Request
      5,457 SF

      206 Quinsigamond Ave

      RESTAURANT • 5,457 SF
      206 Quinsigamond Ave, Shrewsbury, MA 01545-4432
      View Details

    Similar Nearby for Sale

    • $700,000

      Retail Property and Business Included

      Turnkey retail property and business for sale in Shrewsbury.
      117 Clinton St, Shrewsbury, MA 01545
      View Details
    • $12,500,000

      Shrewsbury Route 9 Development Opportunity

      25 acres of land with commercial and residential zoning.
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    • $525,000
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      Shrewsbury Multifamily Property For Sale

      Multifamily property in Shrewsbury, MA, with 1520 square feet.
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    • $6,950,000
      36,900 SF

      Shrewsbury Flex Space - Route 9

      Class A industrial building, 36,900 SF, excellent location.
      910 Boston Tpke, Shrewsbury, MA 01545
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    • $999,999

      Shrewsbury Multi-Family Opportunity

      Rare multi-family property with bonus unit in desirable Shrewsbury neighborhood.
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      Shrewsbury Waterfront Office Building

      Lakefront Office, 8 Units, Great Location
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    Similar Nearby for Lease

    • $25 SF/Yr
      3,600 SF

      Prime Cafe/Office Space Available

      Highly visible cafe or office space in Shrewsbury, MA.
      307 Grafton St, Shrewsbury, MA 01545
      View Details
    • Contact for pricing
      16,851 SF

      Shrewsbury Restaurant Space Available

      Prime location, 16,851 sq ft, fully vacant.
      7 Boston Tpke, Shrewsbury, MA 01545
      View Details
    • Contact for pricing
      80,000 SF

      Retail Space on Boston Turnpike

      Retail space available in Shrewsbury with high traffic count.
      539 Boston Tpke, Shrewsbury, MA 01545
      View Details
    • Contact for pricing
      16,851 SF

      Worcester County Restaurant Space

      Prime Retail Location, Redevelopment Potential.
      7 Boston Tpke, Shrewsbury, MA 01545
      View Details
    • $3,200 /Mo
      36,590 SF

      Commercial Space in Shrewsbury, MA

      New commercial space for lease in Shrewsbury, Massachusetts.
      34-36 Harrington Ave, Shrewsbury, MA 01545
      View Details
    • $15 SF/Yr
      720 SF

      Prime Commercial Space on Route 9

      High-visibility commercial spaces ideal for retail or office use.
      624 Boston Tpke, Shrewsbury, MA 01545
      View Details
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    560 Main St
    Shrewsbury, MA 01545-2918
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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