7 Boston Tpke Shrewsbury, MA 01545
Property profile & analytics
7 Boston Tpke Shrewsbury, MA 01545
- Turn key restaurants
- 11,284 SF
- 1.32 lot acres
Property ID
US38-1165207
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.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 7 Boston Tpke
- Year built
- 1989
- Construction
- FRAME
- Lot size
- 1.32 lot acres
- Property size
- 11,284 SF
- Zone code
- CB
- Property type
- Turn key restaurants
- APN
- SHRE M:31 B:080000
- APU
- SHREM31B080000
Description
This exceptional 16,851 square foot restaurant space presents a unique opportunity for a discerning operator in the thriving Shrewsbury, Massachusetts market. Located at 7 Boston Turnpike, this single-tenant retail property sits on a generous 2.67-acre lot, offering ample space for outdoor seating, parking, or expansion. The property is currently entirely vacant, providing a blank canvas for a new restaurant concept or a relocation for an established business. The building's existing infrastructure, as a second-generation restaurant space, offers significant advantages, potentially reducing initial build-out costs and time. This prime location in Worcester County boasts excellent visibility and accessibility from Boston Turnpike, ensuring high traffic volume and convenient access for customers. The property is zoned for restaurant use, simplifying the permitting process. This is an exceptional opportunity to establish a thriving restaurant business in a desirable and high-traffic area. The substantial square footage allows for a large dining area, expansive kitchen, and ample storage space. The 2.67-acre lot provides significant flexibility for future development or expansion. This property is available for lease and represents a rare chance to secure a prominent location in a vibrant community. Interested parties should inquire promptly to learn more about this exceptional opportunity. The property is located in Shrewsbury, MA, zip code 01545.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,428,000
Market price range: $776k - $2.05M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $2,125,000 Current use
- RETAIL STORES
- $1,770,000 Change: -17% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,730,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Shrewsbury
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7543
- Latitude
- 42.2749
- 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
$26,460
$1,103,100
$1,034,200
$2,137,300
-
$0.00
$0.00
$0.00
