Southborough, MA Commercial Real Estate for Sale and Lease

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What to Expect

This Worcester County town of approximately 9,800 people is located roughly 30 miles west of Boston. It's home to a fairly decent selection of commercial properties, including office space, retail space and a limited amount of industrial space. Properties here are offered for sale or for lease, so it's fairly easy to find a suitable option--especially when you use our search feature.

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Located in Worcester County, Massachusetts, this town of 9,767 has 14.2 square miles within the city limits, giving it a modest urban density that is perfect for an innovative investor. Property prices, especially in the residential sector, are high when compared to both the state and the nation, making the land very valuable. The area includes the villages of Fayville, Cordaville, and Southville. Approximately 27 miles from Boston, the town is accessible while retaining an assortment of natural woods and marshlands.

Green spaces and recreation areas include the Breakneck Hill conservation land, the Sudbury Reservoir Trail, and the Arts Center. The town can be accessed by vehicle via Route 85, Route 9, Route 30, and Interstate 495 and Interstate 90. The MBTA Commuter Rail line has a stop in town via the Framingham/Worcester line. The numerous public hiking trails are open to bicyclists, and bus service is available during peak seasons.

Commercial parcels in this area are rare and highly prized, primarily because they are so open to plans from dynamic developers and investors. Consider the property at 361 Turnpike Road, which is currently zoned for a new retail development, a medical office, or an office building. Located near the Interstate 495 interchange off Route 9, this 1.10 acre parcel offers tremendous opportunities. The sale list price for this property is $1,295,000.

Those investors looking for a substantially larger plot of land will enjoy the parcel at 84-90 Turnpike Road, which has three acres zoned for business and eleven acres zoned for residential purposes. The mixed-use possibilities are astonishing for this 14 acre lot; the size of the land would enable a creative developer to create a mini-village within the perimeter of this property. Located 2.1 miles from the MBTA Commuter Rail Line and within close distance of both Route 9 and Interstate 90, this property is highly accessible. The sale list price is $1,750,000.

Office Space Market

The scenic splendor of the area is often incorporated into the design of the multi-story buildings that make up much of the available office space market in this town. A perfect example is the property at 250 Turnpike Road, which has a graduated series of setbacks along one corner to create a welcoming atrium-like entryway that takes in the view of the lushly landscaped grounds and the surrounding trees. Located off Route 9, this 57,374 square foot building was built in 1989, and offers minimum divisible office spaces of 4,000 square feet. A footbridge connects the main parking lot to the building, providing views of the conservation land while workers and visitors walk to their offices. A call center and executive offices are located on the premises. The rent for this facility has not been disclosed.

Just down the street at 257 Turnpike Road is a 38,232 square foot office complex with an onsite parking lot and green front lawn. With nine foot tall ceilings and lab equipment available for use, a 3,000 to 7,044 square foot suite in this building was recently put up for lease. The estimated rent for this unit was $1.54 per square foot per month.

Located off Route 9, the 40,000 square foot structure at 2 Willow Street is suited to medium to large businesses seeking contemporary space in an easily accessible location. Built in 1999, the structure features a white arched entryway that provides shelter for vehicles and visitors alike. The brick facade of the two story building features large windows and well-maintained interiors. The estimated rent for this property is $1.50 per square foot per month.

For those seeking a slightly more boutique space located closer to downtown, the property at 106 Southville Road offers a neighborhood feel in a stately three story building with prominent street frontage and a corner lot location. Right off Route 85 and within a few minutes of Interstate 90, the property is also adjacent to Hopkinton State Park. The MBTA Commuter Rail line is 0.1 miles away. A unit of 1,200 square feet was recently put for lease. The estimated rent for this property is $2.08 per square foot per month.

Retail Space Market

With a village-like feel and an emphasis on the natural beauty of the area, the retail space market is composed of many artful complexes and historic buildings. The property at 162 Cordaville Road is a 28,036 square foot complex located off Route 85. With big storefront windows that look out on a parking lot, the complex has a U-like shape and is surrounded by trees. Built in 1998, the units for lease vary in size, from 1,233 square feet to a few hundred square feet. The estimated rent for this property is $1.50 per square foot per month.

Located within close proximity of numerous office complexes, the compact retail complex at 154 Turnpike Road attracts a tremendous number of office workers and visitors during the work day. Located off Route 9, this 20,800 square foot complex was built in 2004, and features units for lease from 1,202 square feet to 2,400 square feet. The two-story structure has an onsite parking lot for easy access and striped canopies over doorways. The estimated rent for this property has not been publicly released.

The space at 146-150 Cordaville Road is zoned as flexible, meaning it can be appropriated to suit a creative retail installation. Built in 1980, this 42,000 square foot structure features loading doors in the back, a large onsite parking lot, and trees on the grounds. The floor plan features a variety of open space that could be easily configured to host inventory or act as a display space for innovative new business concepts. The building has 9,600 square feet of dedicated office space with six private offices, two conference rooms, a kitchen, and other shared amenities. A recent space in this building of 4,905 square feet was placed on the market for lease. The estimated rent for this space has not been disclosed.

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Commercial Property List