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$ 7,200,000
Est. payment | /mo
2.46 Acres Lot
$ 7,200,000
Est. payment | /mo
2.46 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73499696
HOA Y/N false
Year Built 1962
Annual Tax Amount $55,167
Tax Year 2025
Lot Size 2.460 Acres
Acres 2.46
Property Description
Afonso Real Estate is pleased to offer investors the opportunity to acquire a rare hospitality asset in the heart of Northborough, featuring a 77-key motel and a separate 7,000 SF restaurant building. This well-located property offers strong income potential with multiple revenue streams, ideal for owner-operators or value-add investors.The motel provides a solid foundation with 77 guest rooms, ample parking, and convenient access for travelers. The detached restaurant space allows for lease income, owner operation, or repositioning to a new concept.With easy access to major highways and regional demand drivers, the property benefits from steady traffic and visibility. This is a compelling opportunity to enhance, rebrand, or redevelop a scalable asset in a desirable Central Massachusetts market.
Location
State MA
County Worcester
Zoning HB
Direction Rt 9 West to Rt 20 North
Exterior
Utilities Available Public Water, Private Sewer
Roof Type Asphalt/Composition Shingles
Others
Senior Community false
Listed by Afonso Real Estate