251 Turnpike Road, Southborough MA 01772

Southborough, MA 01772
$4,500,000
Est. $25,967/month
15,000
Sq Ft
$300
Price/Sq Ft
0.00
Acres
1998
Year Built
186
Days on Market
Active Price Drop -$700,000 Listed Jun 4, 2025 • MLS# 73385078 Copied!

About this home

We are pleased to present 251 Turnpike Road, 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, offering investors long-term, stable cash flow. The anchor tenant, occupying 10,500 SF, is an established dealership with 14-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.

Property Overview

Listing Type
Commercial Sale
Year Built
1998
Living Area
15,000 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1998
Living Area 15,000 sq ft
Lot Size 0.0000

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $36,148

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1998
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

Loading map...

Neighborhood

251 Turnpike Road, Southborough MA 01772

Southborough, MA 01772

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $3,012
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 4, 2025
$4,500,000
Original listing
Agent: Nicholas Herz Office: Boston Realty Advisors

Price & Status History

Date Event Price Change
Jun 4, 2025 New Listing Added $4,500,000

Market Statistics

Days on Market
186 days
Price per Sq Ft
$300
Total Price Drop
-$700,000

Tax History

Year Taxes Assessment
2025 $36,148

Financial Details

Annual Property Tax
$36,148
Tax Year 2025

Listing Information

Listing Agent Nicholas Herz
Listing Office Boston Realty Advisors
Agent MLS ID CN259247
Office MLS ID AN8461
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Southborough, MA

Real-time market trends and pricing data for this area

251 Turnpike Road, Southborough MA 01772 - Photo 1 251 Turnpike Road, Southborough MA 01772 - Photo 2 251 Turnpike Road, Southborough MA 01772 - Photo 3 251 Turnpike Road, Southborough MA 01772 - Photo 4 251 Turnpike Road, Southborough MA 01772 - Photo 5 251 Turnpike Road, Southborough MA 01772 - Photo 6 251 Turnpike Road, Southborough MA 01772 - Photo 7 251 Turnpike Road, Southborough MA 01772 - Photo 8 251 Turnpike Road, Southborough MA 01772 - Photo 9 251 Turnpike Road, Southborough MA 01772 - Photo 10 251 Turnpike Road, Southborough MA 01772 - Photo 11 251 Turnpike Road, Southborough MA 01772 - Photo 12

Contact Agent

Schedule a Tour