MA > Worcester
Worcester, MA 01604,267 Shrewsbury St
Worcester, MA 01604,267 Shrewsbury St
Worcester, MA 01604,267 Shrewsbury St
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$4,200,000
Est. payment /mo
11,940 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,940 sqft

Price per Sqft $351

MLS Listing ID 73286355

HOA Y/N false

Year Built 1940

Annual Tax Amount $63,805

Tax Year 2024

Lot Size 0.460 Acres

Acres 0.46

Property Description

11,940 Sq. Ft. Medical Office Building For Sale. Sale Price: $4,400,000 Cap Rate: 6.62% Investments Highlights:-Long-Term, 15-Year Lease With Approximately 8 Years Remaining-Corporate Guarantee From DaVita Inc, $17BN in Assets, S&P Rating “BB”-Ten Percent (10%) Rental Increases Occurring Every Five (5) Years-Highly attractive Retail Corridor

Location

State MA

County Worcester

Zoning MG-2

Direction Frontage on Shrewsbury St and Nebraska St. Direct access to route 9 and close access to 290.

Exterior

Total Parking Spaces 16

Others

Senior Community false

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Listed by Greater Boston Commercial Properties, Inc.
BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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267 Shrewsbury St