Northborough MA Commercial for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.26 Acres
Year built:
1875
Baths:
5.00
MLS#:
73292641

ADDITIONAL INFORMATION

Don't let the outside of this property fool you, there are five units. This property is well run and profitable. This historical section of Northborough is found on an appealing tree-banked street with sidewalks for dog walkers, joggers, & people walking to coffee shops, restaurants, banks, & doing light shopping. All tenants are Tenants at Will (TAW). All rental units include heat & hot water. Most are long term tenants. Off street parking for 7+ cars. Apartments are clean, in good condition, & well maintained Private septic system compliance cert 12/2021. New Roof installed 12/2022. Newly hardwired fire alarm system installed 2023 City water. Tenants pay for their own trash & recycling. There is a coin operated washer/dryer. Available are improvements, expense, & income reports

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.46 Acres
Year built:
1962
Baths:
MLS#:
73197036

ADDITIONAL INFORMATION

Prime location – intersection of Rt. 9 and Rt. 20 – 2.5 acres containing an operational motel and a restaurant is being offered for sale. The motel contains 79 rooms all updated to the latest building codes and serves from Worcester to Shrewsbury. Additional building contains 6500 sq. ft. of usable space with a full basement. This property is ripe for redevelopment.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Northborough Real Estate

The median home value in Northborough, MA is $428,800. This is higher than the county median home value of $277,100. The national median home value is $219,700. The average price of homes sold in Northborough, MA is $428,800. Approximately 79.82% of Northborough homes are owned, compared to 17.03% rented, while 3.16% are vacant. Northborough real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Northborough real estate agent to arrange a tour today!

Northborough, Massachusetts 01532 has a population of 14,918. Northborough 01532 is more family-centric than the surrounding county with 36.95% of the households containing married families with children. The county average for households married with children is 31.91%.

The median household income in Northborough, Massachusetts 01532 is $111,875. The median household income for the surrounding county is $69,313 compared to the national median of $57,652. The median age of people living in Northborough 01532 is 43.7 years.

Northborough Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 48.5 inches per year, with 64.1 inches of snow per year.

Northborough Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    34
    30-day change

Northborough Schools and Demographics

Education near Northborough, MA

Metric City County
High School Graduates 95.79 90.26
College Degree - 2 year 6.77 8.92
College Degree - 4 year 55.28 35.33
Graduate Degree 17.18 10.21
Expenditures per Student 13,415 14,587
Students per Teacher 13 15.6

Elementary Schools near Northborough, MA

School Grades Students P/T Ratio ZIP
Annie E Fales KG - 03 322 12.1 01581
BEAL School KG - 01 309 16.6 01545
Calvin Coolidge KG - 04 403 14.5 01545
Elsie A Hastings Elementary School PK - 03 460 13.9 01581
Fannie E Proctor KG - 05 283 12.9 01532
Floral Street School 01 - 04 709 15.5 01545
J Harding Armstrong KG - 03 389 12.9 01581
Lincoln Street KG - 05 282 13.3 01532
Marguerite E Peaslee KG - 05 270 13.2 01532
Marion E ZEH PK - 05 308 13.8 01532
Spring Street KG - 04 349 14.8 01545
Walter J Paton KG - 04 365 15.4 01545

Middle Schools near Northborough, MA

School Grades Students P/T Ratio ZIP
Mill Pond School 04 - 06 855 14.7 01581
Oak Middle School 07 - 08 1,007 15.1 01545
Robert E. Melican Middle School 06 - 08 673 12.8 01532
Sarah W Gibbons Middle School 07 - 08 553 13.5 01581
Sherwood Middle School 05 - 06 956 14 01545

High Schools near Northborough, MA

School Grades Students P/T Ratio ZIP
Algonquin Regional High School 09 - 12 1,452 13.7 01532
Shrewsbury Senior High School 09 - 12 1,684 14.8 01545
Westborough High School 09 - 12 1,045 12.7 01581

Ungraded Schools near Northborough, MA

School Grades Students P/T Ratio ZIP
Central Area UG - UG 0 01581
Tahanto Regional High 06 - 12 551 12 01505
West Area UG - UG 0 01581

Demographics near Northborough, MA 01532

Metric Zip Code City
Neighborhood Type Suburban
Population 14,918 818,249
Population Density 807 542
Median Age 43.7 40.1
People per Household 2.8 2.6
Median Household Income 111,875 69,313
Average Income per Capita 52,500 34,691