35 Optical Dr - Warehouse FOR SALE


Southbridge, MA 01550
$4,000,000 USD
508-635-6790
35 Optical Dr, Southbridge, MA for Sale
$4,000,000 USD
Warehouse - FOR SALE
1/12
null | Request Cap Rate

35 Optical Dr
Southbridge, MA 01550


OVERVIEW

Originally constructed in 1942, this brick and wood beam two-story structure containing 198,300 SF, was originally used by American Optical as a manufacturing/warehouse facility for eyeglass and plastic products for the face, eyes and ears. The building has gone through a series of renovations over the years which includes extensive investment by its prior tenant, 3M. The building is positioned geographically in the center of the site with 15’ - 22’ clear ceiling height on the main floor totaling 144,200 SF and ample natural light provided by nine roof monitors and over 200/4’ x 6’ windows on the perimeter. The main floor is served by four loading docks on the south and two on the east side of the building. The ground level of 54,000 SF has direct access from the street and sufficient ceiling height to be used for office or storage space.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

8

DRIVE INS

-

PARKING SPACES

220

LAND DETAILS

LAND ACRES

25.02

LAND SF

1,089,871

ZONING

HI

APN/PARCEL ID

SOUT-037 005 00001

ASK ABOUT THIS PROPERTY

James UmphreyKelleher & Sadowsky Associates, Inc.More Info
508-635-6790

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James UmphreyKelleher & Sadowsky Associates, Inc.More Info
508-635-6790

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