NAI | Parsons Commercial Group | Boston is pleased to present an
opportunity to purchase 225 West Street in Berlin, Massachusetts. The
building is a ±16,125 SF free-standing industrial building situated on
±3.42 acres with valuable lay-down yard space.
The property offers a rare owner-user opportunity for businesses that
benefit from outdoor storage such as landscapers, builders, contractors,
and service companies with equipment or fleet needs.
The building is currently occupied by three tenants-at-will in addition to
the owner. Two tenants pay $1,300/month plus electricity, and the third
pays $2,050/month plus electricity. This existing income provides an
attractive offset to ownership costs while allowing a buyer to structure
future occupancy or re-tenanting as needed. Real estate taxes are
approximately $10,000 annually, and insurance is roughly $4,000 per
year, resulting in low operating expenses relative to comparable
industrial properties in the region.
Strategically positioned off Route 62, just a 6 minute drive (approx. 3
miles) to I-495 and 8 minutes to I-290 (4.3 miles), the location offers
exceptional regional connectivity for distribution, service routes, and
customer accessibility.