114 Pleasant St - Manufacturing FOR SALE


Southbridge, MA 01550
$1,500,000 USD
508-331-2030
114 Pleasant St, Southbridge, MA for Sale
$1,500,000 USD
Manufacturing - FOR SALE
1/25
null | Request Cap Rate

114 Pleasant St
Southbridge, MA 01550


HIGHLIGHTS

  • Fully furnished and equiped for R&D Incubators
  • Clean rooms on site
  • Opportunity Zone

OVERVIEW

UPDATE 12/4/24 - Brand new HVAC system with high efficiency heat pumps! Free standing building Zoned OR for Office/Research on 1.17 Acre of Land in Downtown Southbridge! Refurbished 1994/2013 Schoolhouse - Industrial with a mix of Office, Lab, Flex space featuring 9730+/- sq ft of gross leasable area including Offices, Labs, Conference Room, Lounge, Kitchen, Machine Shop, and Shower Room. 2 Energy Upgrages since last refurbishment. 32 onsite parking spaces. Easily access major routes including 90, 395, 20, 31, and 131. Corner lot at busy 4 way intersection with 4-way Stop and high traffic count/visibility. This property is in an Opportunity Zone. Sold fully furnished/equipped with current occupancy primarily biotech/labs. There are no long term leases in place. Recoated roof with silicone with 25 year transferable warranty, Sprinkler System, Security System, and Keyless Entry. Infrared rejecting film on windows. LED updated lighting. New kitchen appliances.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, R&D, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

10 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.17

LAND SF

50,965

ZONING

Office Research District

APN/PARCEL ID

SBRI-000031-000039-000001

ASK ABOUT THIS PROPERTY

Scott SimpsonCentury 21 North Shore Storrs & DeNaultMore Info
508-331-2030

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Scott SimpsonCentury 21 North Shore Storrs & DeNaultMore Info
508-331-2030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.