Marlborough, Massachusetts – January 8, 2025 – Marilyn Santiago, Director – Brokerage at NAI Parsons Commercial Group in Boston, MA, has successfully facilitated the sale of a prime commercial property located at 71 Boston Post Road East, Marlborough, Massachusetts. The 2,000± square-foot retail bank branch was sold for $900,000, equivalent to $450 per square foot, marking a significant transaction in the region’s competitive commercial real estate market.
The property, previously operated as a banking facility, occupies two contiguous lots, including the adjacent parcel at 33 Peters Avenue, for a combined total of 0.48 acres. The inclusion of 33 Peters Avenue provides additional parking, significantly enhancing the property’s accessibility and functionality. This feature makes the site highly attractive to businesses seeking a well-designed, customer-friendly location.
Strategically situated on Route 20 (Boston Post Road East), the property benefits from exceptional visibility and exposure, with an average daily traffic count of approximately 21,000 vehicles. Its prime location in Marlborough’s bustling commercial corridor ensures strong connectivity to major highways, including Interstate 495 and Route 85, making it an ideal site for retail or service-oriented businesses.
“We are thrilled to have closed this transaction, which underscores the strong demand for well-positioned commercial properties in Marlborough,” said Marilyn Santiago. “The combination of high visibility, ample parking, and a strategic location made this an appealing opportunity for the buyer. I’m proud to have facilitated a deal that aligns with the needs of both parties.”