380 SW Cutoff,Northborough, MA 01532
Northborough, MA 01532
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.
Details
| MLS # | 73499696 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 170 |
| Listing Provided By | Afonso Real Estate | Marc F. Schaen |
Features
| Zoning | HB |
|---|---|
| Acreage | 2.46 |
Exterior
| Roof | Asphalt/Composition Shingles |
|---|
Utilities
| Utilities | Public Water, Private Sewer |
|---|
Taxes
| Tax Annual Amount | 55167 |
|---|---|
| Tax Year | 2025 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | MA |
|---|---|
| County | Worcester |
| City | Northborough |
| Zip Code | 01532 |
| Area | Worcester |
| Listing VS Median (in 01532) | |
Price: $7,200,000 low | high Med: $750,000 On site: 170 low | high Med: 186 | |
Market Activity 01532
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Learn More About This Property
| State | MA |
|---|---|
| County | Worcester |
| City | Northborough |
| Zip Code | 01532 |
| Area | Worcester |
| Listing VS Median (in 01532) | |
Price: $7,200,000 low | high Med: $750,000 On site: 170 low | high Med: 186 | |
