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  1. Commercial Properties
  2. MA

Cornerstone Square

For Sale

292 Main Street, Northborough, MA 01532

292 Main Street is nicely positioned within the Route 20 corridor in Central Massachusetts. With easy access to major highways and close proximity to popular shopping destinations, there is no shortage of potential customers. It is minutes away from Northborough Crossing, one of the largest mixed-use open-air shopping centers in Central Massachusetts and home to the first Wegmans in Massachusetts. The demographics and traffic counts are favorable and further enhance the stability of the property. The property is situated in a thriving and growing market area known for its strong consumer base and high traffic flow. Surrounded by a mix of residential, office, and retail spaces, this prime location presents an incredible opportunity for investors and prospective tenants.NAI Parsons Commercial Group is pleased to exclusively offer for sale Cornerstone Square located at 292 Main Street, Northborough, Massachusetts (the “Property”). The Property consists of a fully occupied 14,120± square foot neighborhood center situated on a prominent 1.5± acre corner parcel along the highly traveled Route 20 corridor. Cornerstone Square represents an attractive opportunity to acquire a well-located, fully leased neighborhood retail center with stable tenancy, strong market fundamentals, and long-term investment potential within the Greater Boston marketplace.

Key features

  • Affluent MetroWest Trade Area - Located near Northborough Crossing and supported by strong demographics, including $213K+ average household income within one mile.
  • Established Neighborhood Center - 100% leased with 12 flexible-size suites and a diverse tenant mix.
  • Excellent Regional Access - Convenient access to I-495, I-290, and the Massachusetts Turnpike (I-90).
  • Future Upside Potential - Opportunity to increase value through lease rollover and rental rate optimization.
  • Low Tax Environment - Northborough features a favorable single tax rate of $14.82 per $1,000 of assessed value.
  • Prominent Signalized Location - Positioned at the intersection of Route 20 & Bartlett Street with exposure to 12,333± vehicles per day.
  • Strong Tenant Retention - Historically high occupancy with median tenant tenure exceeding 13 years.

Building Details

  • For Sale Subject To Offer & Terms
  • Property Type Retail - Strip
  • Property Size 14,120 SF
  • Units 12
  • Lot Size 1.5 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 65
  • Property Tenancy Multi-Tenant
  • Year Built 1985
  • Year Renovated 2023
  • Date Updated Oct 25, 2026
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Contacts

broker
Marilyn Santiago

NAI Parsons Commercial Group Boston

Location

  • City Northborough, MA
  • Neighborhood Northborough
  • Zip Code 01532
  • Market Worcester Springfield
  • Map
  • Street
  • Walk score 51/100 Somewhat Walkable
  • Bike score 39/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Westborough

4.24 miles

Southborough

6.43 miles

Grafton

6.45 miles

Mobil

1.31 miles

Riverbridge Shell

2.03 miles

Shell

3.04 miles

Walmart 2158 - Northborough, MA

3.49 miles

Shell Recharge

3.64 miles

Cumberland Farms

3.72 miles

BJ's

3.73 miles

Gasco

3.95 miles

Discount Gas

4.11 miles

Tesla Supercharger

4.87 miles

Parking Garage B

2.21 miles

Parking Garage A

2.28 miles

Parking Garage C

2.38 miles

Westborough public beach parking

2.61 miles

Boardwalk Parking

3.03 miles

Beals Parking Area

3.66 miles

Court Street Parking Garage

3.95 miles

Walkup Parking

3.95 miles

Westborough Station Parking

4.19 miles

EMC Motorcycle Parking

4.35 miles

Marshalls

1.71 miles

Hannaford

1.81 miles

Macy's

1.92 miles

Solomon Pond Mall

2.00 miles

JCPenney

2.04 miles

Target

2.37 miles

Super Stop & Shop

3.13 miles

Burlington

3.46 miles

Walmart Supercenter

3.47 miles

TJ Maxx

3.55 miles

Listing Summary

  • Property Financials

    292 Main Street is currently listed for sale at Subject To Offer & Terms.

  • Property Details

    292 Main Street totals 14,120 square feet of Retail space on a lot spanning 1.5 acres. The property was initially built in 1985, being last renovated in 2023.

    Tenancy at 292 Main Street is listed as Multi-Tenant, comprising a total of 12 units. There are a total of 65 parking spaces available onsite.

  • Area Characteristics

    292 Main Street is located in the Northborough neighborhood.

    In terms of ease of commuting, the area has a walk score of 51, indicating that it is somewhat walkable.

Contact Marilyn Santiago
broker
Marilyn Santiago

NAI Parsons Commercial Group Boston

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