321 Washington St - Warehouse FOR SALE


Somerville, MA 02143- Lincoln Park
$28,000,000 USD
516-851-6261
321 Washington St, Somerville, MA for Sale
$28,000,000 USD
Warehouse - FOR SALE
1/18
null | Request Cap Rate

321 Washington St
Somerville, MA 02143
Lincoln Park


HIGHLIGHTS

  • Established industrial location

OVERVIEW

CBRE is pleased to offer for sale or lease, 321 Washington Street, a ±77,774 square foot industrial building located in Somerville, Massachusetts (“the Property” or “321 Washington”). The Property offers today’s most sophisticated industrial users best-in-class specifications featuring a ±2.95-acre site, 22’-24’6” clear, four tailboard dock doors, two drive-in doors, and one loading platform, and generous column spacing of 34’ x 34’, among others. The site’s urban infill location offers unmatched highway accessibility and public transportation options, located within 1.5 miles to Interstate 93 and 2.5 miles to Interstate 90 (Massachusetts Turnpike) and 0.5 miles to the newly opened Union Square Station, offering MBTA Blue and Green line options. 321 Washington is being offered free and clear from existing debt. Once qualified investors have had an opportunity to thoroughly review the materials, CBRE will schedule a “call for offers”.

FOR SALE DETAILS

PRICE

$28,000,000 USD

PRICE/SF

$360 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

UTILITIES

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

CLEAR CEILING HT

24 Ft

DOCKS

6

DRIVE INS

3

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.95

LAND SF

128,502

ZONING

FAB

APN/PARCEL ID

SOME M:64 B:B L:7

ASK ABOUT THIS PROPERTY

Caroline MunnCBRE Inc.More Info
516-851-6261

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Caroline MunnCBRE Inc.More Info
516-851-6261

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