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199 Main St 2,438 SF Specialty Building Offered at $1,095,000 in Shrewsbury, MA 01545
Investment Highlights
- 10,665 vehicles daily (3% YoY Growth)
- Highway access nearby
- Shrewsbury's busy commercial corridors
Executive Summary
Investors and end-users bring your vision! This family-owned 1.58-acre parcel, held for 50 years, presents a prime opportunity with 125 feet of frontage on Shrewsbury's rapidly evolving Main Street commercial corridor. The site benefits from a DOT-documented daily traffic count of 10,665 vehicles and direct access to I-290, I-495, I-190, and Route 9, providing exceptional regional connectivity. Located next door to a newly opened Cornerstone Bank branch, neighboring commercial tenants include KinderCare Learning Center, RE/MAX Realty, HB Eye Care Center, and the Surgery Center of UMass Memorial Health and Reliant Medical Group. The existing 2 story residence, built in 1977, offers 2,438 square feet of finished living space across 3 bedrooms and 2 full baths. Including the garage and basement, the property delivers 4,068 square feet of total potential usable space. Please see attached Offering Memorandum.
Property Facts
| Price | $1,095,000 | Lot Size | 1.58 AC |
| Price Per SF | $269.17 | Building Size | 4,068 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Condition | Redevelopment Project | Year Built | 1977 |
| Property Type | Specialty | ||
| Zoning | Residential - Currently zoned as residential. Future buyer would need to work with the Town of Shrewsbury to re-zone. | ||
| Price | $1,095,000 |
| Price Per SF | $269.17 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Lot Size | 1.58 AC |
| Building Size | 4,068 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Zoning | Residential - Currently zoned as residential. Future buyer would need to work with the Town of Shrewsbury to re-zone. |
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
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199 Main St