Prime investment opportunity in Shrewsbury! This two-bedroom, one-bath property, located just off Rt 9, offers endless potential for investors and small business owners alike. With commercial zoning, the site is perfect for those looking to establish or expand a business in a high-traffic area. The full unfinished basement provides ample space for storage or future development, while the small yard offers additional flexibility. Convenient access to local amenities and major routes makes this an ideal location for retail, office, or other business ventures. Don't miss out on this versatile property with tremendous growth potential!
506 Main Street is a 3,016 sf building in Shrewsbury, MA. Situated on 1.38 acres of land, the building was formerly home to an esteemed orthodontist practice. Located in the Town Center District, the property sits in a highly sought-after location with capabilities for numerous businesses, not limited to professional offices, medical practices, senior living, religious uses, and other mixed use development projects.
The median home value in Shrewsbury, MA is $650,000. This is higher than the county median home value of $398,500. The national median home value is $338,100. The average price of homes sold in Shrewsbury, MA is $650,000. Approximately 70.35% of Shrewsbury homes are owned, compared to 23.43% rented, while 6.22% are vacant. Shrewsbury 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 Shrewsbury real estate agent to arrange a tour today!
Shrewsbury, Massachusetts has a population of 38,291. Shrewsbury is more family-centric than the surrounding county with 44.64% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Shrewsbury, Massachusetts is $117,909. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Shrewsbury is 39.6 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 48.4 inches per year, with 49.2 inches of snow per year.