307 Grafton Street, Shrewsbury MA 01545

Shrewsbury, MA 01545
$3,700,000
$3,600,000
Est. $20,648/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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10,368
Sq Ft
$347
Price/Sq Ft
1.41
Acres
2004
Year Built
48
Days on Market
For Sale Price Drop -$100,000 Listed Sep 14, 2026 • MLS# 73576636 Copied! • Updated Oct 2, 2026

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About this home

An exceptional investment opportunity positioned directly at one of Shrewsbury’s most prominent, heavily traveled intersections. This well-maintained 5-unit commercial property offers an ideal balance of steady cash flow and dynamic user flexibility in a high-growth MetroWest corridor. Located right at the junction of Route 9 and Route 140, the site delivers unmatched exposure, outstanding signage potential, and seamless regional access to I-495, I-290, and the Massachusetts Turnpike, easily drawing clients and patients from Worcester and surrounding communities. The property is anchored by three established professional medical office tenants on long-term, triple-net (NNN) leases, providing immediate, predictable income with minimal landlord operational overhead. Complementing this stable revenue stream is 3,600 square feet of prime space available for an owner-occupant or expanded leasing income. It is perfectly suited for a medical practice, professional services firm, or corporate office looking to establish a high-profile location while letting existing leases offset occupancy costs.

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Recently Sold Nearby

Price & Status History

Market Insights

1
Price Changes
2.7%
Price Range

Property Timeline

↓
Price Reduced
Sep 28, 2026
$3,600,000 $100,000 (-2.7%)
From $3,700,000 to $3,600,000 (-2.7%)
🏠
Listed for Sale
Sep 14, 2026
$3,700,000
Original listing
Agent: Nicholas L. Pelletier Office: Keller Williams Realty North Central

Tax History

Year Taxes Assessment
2026 $26,939 —

Financial Details

Annual Property Tax
$26,939
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2004
Living Area 10,368 sq ft
Lot Size 1.41 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $26,939
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Worcester

Property Overview

Listing Type
For Sale
Year Built
2004
Living Area
10,368 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
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Construction & Materials

Year Built: 2004
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation:

Utilities & Systems

Heating:
Cooling:
Hot Water:
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Sewer:
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Exterior & Lot

Exterior Features:
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Parking & Garage

Parking Features:
School District
Shrewsbury School District local
A+
✓ School Safety 2024-25
0.9% Low
0.6% Suspensions 0.8% In-School 0.3% Emergency
↓ 4.6% below state avg
E

Elementary Schools

10 schools
Shrewsbury Montessori School
1.0 mi
Grades PK-06
St. Mary School
1.4 mi
Grades PK-08
Al-Hamra Academy
1.5 mi
Grades PK-08
Gateways Academy
1.5 mi
Grades K-12
A
Major Howard W. Beal School
0.6 mi | #132 of 825 | Score: 57.5
Improved 58 spots from last year
-0.7 below state avg
627 students Very Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-04
A
Floral Street School
1.1 mi | #124 of 825 | Score: 58.0
Improved 54 spots from last year
-0.2 below state avg
481 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-04
A-
Walter J. Paton School
1.2 mi | #187 of 825 | Score: 55.6
Improved 20 spots from last year
-2.6 below state avg
263 students Diverse
Rising School Strong Attendance
Grades K-04
A-
Spring Street School
1.8 mi | #200 of 825 | Score: 54.9
Dropped 38 spots from last year
-3.3 below state avg
304 students Diverse
Diverse Student Body Strong Attendance
Grades K-04
Parker Road Preschool
2.0 mi
173 students Very Diverse
Diverse Student Body
Grades PK
A-
Calvin Coolidge School
2.0 mi | #242 of 825 | Score: 52.7
Improved 61 spots from last year
-5.5 below state avg
291 students Very Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-04
M

Middle Schools

2 schools
B+
Sherwood Middle School
0.9 mi | #267 of 825 | Score: 51.8
Dropped 24 spots from last year
-6.4 below state avg
890 students Diverse
Diverse Student Body Strong Attendance
Grades 05-06
A+
Oak Middle School
1.0 mi | #30 of 352 | Score: 60.1
Improved 33 spots from last year
+1.9 above state avg
904 students Diverse
Rising School Diverse Student Body
Grades 07-08
H

High Schools

2 schools
Saint John's High School
1.5 mi
1 students Less Diverse
20 sports • 857 athletes
Strong Athletics
Grades 07-12
A+
Shrewsbury High School
2.7 mi | #19 of 346 | Score: 73.9
Improved 21 spots from last year
+15.7 above state avg
1,913 students Diverse
19 sports • 2,168 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,245
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

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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.

Location

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Neighborhood

307 Grafton Street, Shrewsbury MA 01545

Shrewsbury, MA 01545

Listing Information

Listing Agent Nicholas L. Pelletier
Listing Office Keller Williams Realty North Central
Office Phone 978-840-9000
Agent MLS ID CN200544
Office MLS ID K95580
Listing Data Updated Oct 2, 2026 3:06 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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