For Sale
$2,500,000

Turnpike Rd Southborough, MA 01745

Prime Location, Two-Building Property

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity in Southborough, MA, presents two buildings situated on a corner lot at the intersection of Prospect Street and Turnpike Road. The property enjoys a highly visible location on the westbound side of Turnpike Road, offering convenient access to both Boston and Worcester. The main building, 63-65 Turnpike, is a two-story brick structure constructed in 1950. It features commercial space and a half-bath on the ground floor, providing potential for various business ventures. The upper level comprises two two-bedroom apartments, each offering comfortable living spaces. The second building, 61 Turnpike, is a wood-frame structure dating back to 1910. This building also contains two two-bedroom, one-bathroom apartments, one on each floor. The first-floor apartment in this building is currently vacant, presenting an immediate opportunity to increase rental income. The combined property offers significant potential for rental income generation and appreciation. The strategic location and diverse unit mix make this a compelling investment for discerning buyers seeking a multi-family property with strong potential for long-term growth. The asking price for this unique property is $2,500,000. The lot size is not specified.

Property Details for Turnpike Rd

Property type
Commercial real estate
Year Built
1910

Location Insight

City
Southborough
County
Worcester
State
Massachusetts
Latitude
42.29499
Longitude
-71.50399

FAQs

What type of property is this?
Commercial real estate - Prime Location, Two-Building Property
Where is the commercial real estate located?
The property is located at Turnpike Rd Southborough, MA.
What is the asking price?
The asking price for this property is $2,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Turnpike Rd
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