Price Reduction
Address
117 Clinton St, Shrewsbury, MA
Price
$ 625,000
Property Attributes
  • MLS#73070853
  • TypeBusiness Op
  • CountyWORCESTER
  • CityShrewsbury
  • Zip01545
  • StyleGrocery
  • Year Built1935
  • Taxes$ 3976
  • Price$ 625,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2784
  • Lot Size0.4 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

It is one of a kind, freestanding with 3 businesses in the same store: a Convenience store with a Beer&Wine and a pizza business with an open kitchen. The building is 2784 sqft + the basement on almost half of an acre. The store has new equipment, appliances, floor, lighting, electric wires, heat & AC, water tank, a handicapped entrance, and shelves. One of the biggest construction companies in the USA bought 110 Acres in front of the store and they will begin their project construction this summer, they already sold 2 buildings for a dispenser and Pollar company. They will build a new central distribution area to sell it to different companies. The store was closed for 3 years for renovation and personal health issues, but the historical sale was more than $1.5M/Y. The seller reopened the store only 8 months ago, with $725k for the RE and $0k for the renovation, Beer & Wine, tobacco license, and business. The current income is only $7500 in 6 days—huge potential to increase the sales.

Price History
1/15/2023 Listed $750,000
3/7/2023 7% - $700,000
11/30/2023 2% - $690,000
1/11/2024 1% - $685,000
4/24/2024 9% - $625,000

General Features

Zoning com
Year Built 1935
Tax Year 2022
Business Type Grocery
County Worcester
Property Type Business Opportunity
Status Active
Directions Ask the listing agent
City Shrewsbury
Disclosures The sale is for the business and the real estate.
Senior Community Y/N No
Lot Size Square Feet 17500
Waterfront Y/N No
Street Name Clinton St
Tax Annual Amount 3976
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 8
Lot Size Area 0.4
Lot Size Acres 0.4
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 01545

Price
AVG $630K
$630K
Taxes
AVG $3,976
$3,976
Visits
AVG 539
538
Data Provided by Inside Real Estate®
Year Built
AVG 1935
1935

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