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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.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 1663147

Tax Information

  • Tax Year 99
  • Taxes$99

Basic Information

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

Location

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

Building

  • Building Area Units Square Feet
  • Year Built1998

Property

  • Acreage3.81

Property Information

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

Legal

  • Zoning99
  • Zoning Description Other (See Remarks)

Other

  • Date Listed03/02/2026
  • Farm Land Area Units Square Feet
  • View Count8

Map Location

Driving Directions

Listed by Nicholas Herz of Boston Realty Advisors

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