507 Boston TpkeShrewsbury, MA 01545

Property Details for 507 Boston Tpke

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.56 AC

Property size (Sq ft)

10,800 SF

Zone code

CB

Property type

Retail space

APN

SHRE M:33 B:308000

APU

SHREM33B308000

Description

This exceptional retail property, located at 507 Boston Turnpike Road, offers 1,440 to 2,880 square feet of versatile space ideal for automotive-related businesses. The single-story building features three convenient drive-in doors, ensuring easy access for vehicles and equipment. The property includes town sewer and boasts a functional spray booth, perfect for various automotive applications. Electrical service is provided by a robust 3-phase 120/208V, 225-amp system. Adding to its practicality, 1,000 square feet of basement storage is available, providing ample room for inventory or tools. The property's prime location on Route 9, at a well-lit intersection, guarantees high visibility and accessibility for customers. This space is particularly well-suited for businesses such as auto glass repair, detailing services, window tinting, or spray-on bedliner installations. The flexible floor plan and ample amenities make this an attractive opportunity for entrepreneurs seeking a well-equipped and strategically located commercial space. The property is available for immediate occupancy. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,043,010

  6.5%

  $1,885,860

  7%

  $1,751,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,467,570

  Geo Method

  $1,467,570

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,677,610

  Mixed-Use / Specialty

  $1,879,140

  Hospitality / Lodging

  $1,378,660

  Office

  $1,867,970

  Institutional / Educational

  $1,953,540

  Residential Income

  $2,285,650

  Multifamily

  $2,741,280

  Automotive / Energy

  $1,674,470

  Parking / Income-Based Land

  $577,838

  Restaurant / Food Service

  $977,354

  Healthcare / Senior Housing

  $1,927,020

Location Insight

City

Shrewsbury

County

Worcester

State

Massachusetts

Latitude

42.2774

Longitude

-71.7187

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@paperhouses.co and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@paperhouses.co.