1511 Grafton RdMillbury, MA 01527

  • Turn key restaurants
  • 3,185 SF
For Sale
$2,900,000 View listing

Property Details for 1511 Grafton Rd

Year built
1950
Construction
FRAME
Lot size
0.45 AC
Property size (Sq ft)
3,185 SF
Zone code
R3
Property type
Turn key restaurants
APN
MILB M:006 B:0000199 L:
APU
MILBM006B0000199L

Description

This exceptional 1.5-acre corner lot at 1511, 1515, and 1517 Grafton Road in Millbury, Massachusetts, presents a unique investment opportunity. Strategically positioned directly across from the Mass Pike Exit 96 on- and off-ramps, this property boasts unparalleled visibility and accessibility. The site offers 307 feet of frontage and benefits from public sewer and water connections. Currently zoned for mixed-use development, including retail, restaurants, gas stations, and drive-through facilities, this property is ideal for redevelopment. The Town of Millbury has already approved an ANR (approved needs review) for a single structure on the site, streamlining the development process. Detailed zoning information is available in the attached East Millbury Business District Bylaws. This prime location provides excellent access to major Central Massachusetts roadways, including the Mass Pike (I-90), Route 20, and I-290, ensuring high traffic volume and significant potential for commercial success. The asking price for this exceptional property is $2,900,000.

1511 Grafton Rd, Millbury, Massachusetts

Location Insight

City
Millbury
County
Worcester
State
Massachusetts
Latitude
42.2306
Longitude
-71.7378
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
$4,386
$125,600
$205,900
$331,500
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-
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