50 Bearfoot Rd - Light Manufacturing FOR SALE


Northborough, MA 01532
$9,500,000 USD
508-846-8800
50 Bearfoot Rd, Northborough, MA for Sale
$9,500,000 USD
Light Manufacturing - FOR SALE
1/7
null | Request Cap Rate

50 Bearfoot Rd
Northborough, MA 01532


OVERVIEW

Kelleher & Sadowsky Associates is pleased to introduce the sale of 50 Bearfoot Road in Northborough, Massachusetts. This ±62,000 square-foot two-story mixed-use flex building was constructed in 1988 and is situated on ±8.54 acres of land. The property is surrounded by other well-maintained professional office buildings and is well-situated with outstanding access to I-290, Route 9, and Route 20. Additionally, the property sits less than two miles away from I-495 and within minutes from the Massachusetts Turnpike (I-90). The building includes a well balanced mix of light manufacturing, warehouse and shipping space on the first floor(including pharmacy space) and office, conference and call center space on the second floor. For zoning purposes, the City of Northborough designates the property within an Industrial District (I).Some allowed uses by right within the Industrial Zone include but are not limited to the following: general manufacturing, warehouse and distribution, life science, research & development, and professional-related uses. The building is a classic flex building with roughly 50% of the space being utilized for light manufacturing and warehouse use, with 50% being utilized as office and supports pace.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

22 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

8.54

LAND SF

372,002

ZONING

I

APN/PARCEL ID

NBOR-000290-000000-000033

ASK ABOUT THIS PROPERTY

Paul MattKelleher & Sadowsky Associates, Inc.More Info
508-846-8800

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Paul MattKelleher & Sadowsky Associates, Inc.More Info
508-846-8800

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