251 Turnpike RoadSouthborough, MA 01772MLS Number 73481502

  • Price: $4,800,000
  • 120 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
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251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772251 Turnpike Road Southborough MA 01772
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  • 3.81Acreage
  • 1998Year Built

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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.
Listed by Nicholas Herz of Boston Realty Advisors

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More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 1663147

Building

  • Building Area Units Square Feet
  • Year Built1998

Other

  • Date Listed03/02/2026
  • Farm Land Area Units Square Feet
  • View Count6

Tax Information

  • Tax Year 99
  • Taxes$99

Location

  • Address251 Turnpike Road
  • Building Number251
  • CountyWorcester
  • StateMA
  • StreetTurnpike Road
  • TownSouthborough
  • Zip01772

Basic Information

  • List Price$4,800,000
  • MLS Number73481502
  • Modification Date04/11/2026

Property

  • Acreage3.81

Property Information

  • Lot Size Square Feet 165,963
  • Lot Size Units Acres

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