251 Turnpike Rd | Image 1
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$4,800,000

For Sale

2 months ago

251 Turnpike Rd, Southborough, MA

House

MLS® 73481502

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $99
Days Active 49
Lot Size 
Approx. Age 1998
MLS® Number 73481502

Property Address: 251 Turnpike Rd, Southborough, MA, 01772-1706

Average square foot calculated using Size range provided by listing agent.

Description

251 Turnpike Road is a 3.81 acre site improved by a highly functional 15, 500 SF light industrial building located along Route 9 in Southborough, MA. The property is 100% leased to two tenants, and priced at a 7.5% cap rate, offering investors long-term, and stable cash flow. The anchor tenant, occupying 10, 500 SF, is an established dealership with 13-years of term and annual CPI rent increases. The second tenant has invested a significant amount of capital into its 5, 000 SF and adds a complementary automotive use to building. The property offers convenient access to I-495 and exceptional visibility with approximately 600 feet of frontage. This stretch of Route 9 has signalized intersections about one mile in both directions and sees an average of 50, 500 vehicles per day. The underlying zoning allows for a variety of uses and the ability to expand the existing building 35, 190 SF.
MLS® Number73481502
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1998
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$4,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
251 Turnpike Rd, Southborough, MA

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