339 Main St - Industrial FOR SALE


Athol, MA 01331
$1,250,000 USD
978-821-1846
339 Main St, Athol, MA for Sale
$1,250,000 USD
Industrial - FOR SALE
1/1
null | Request Cap Rate

339 Main St
Athol, MA 01331


HIGHLIGHTS

  • Downtown green design, funding approved for significant immediate adjacent property already owned by municipality.
  • BSC group design of adjacent municipal area publicly available for review..."Greening Lord Pond Plaza".
  • Much improved aesthetic appearance, drainage & daylighting of current encapsulated stream of immediately surrounding parcel
  • Design for live-work communty
  • Improved downtown parking and pedestrian walking safety

OVERVIEW

PRICE SIGNIFICANTLY REDUCED by $250K! PROPERTY IS LOCATED IMMEDIATELY ABUTTING DOWNTOWN MUNICIPAL SITE REDEVELOPMENT ALREADY FUNDED BY THE MASSACHUSETTS EXECUTIVE OFFICE OF ENERGY & ENVIRONMENTAL AFFAIRS MUNICIPAL VULNERABILITY PREPARDNESS PROGRAM. Immediately adjacent property for which state funding has been provided to Town of Athol...PLEASE VIEW municipal green space write up & site plan: https://storymaps.arcgis.com/stories/74a4127fafff4189aea395490a1a0244 Subject is multilevel mill building with exterior brick walls, steel & wood frame...top floor is clear span (steel truss frame roof). Significant downtown municipal green space designed and ALREADY RECEIVED FUNDING for the municipal owned site LOCATED IMMEDIATELY adjacent to subject property...attractive landscaping & to be exposed waterway, enhanced safety and parking an more...STARTING WORK ON ABUTTING COMMINITY PROJECT!!! Based on conversations, municipality will support reasonable redevelopment of subject property. Existing local housing shortage... residential re-use is considered very desirable along with partial commercial component. Subject is currently and been long owner occupied property used for industrial purposes. Now, property is ready for redevelopment...current owner substantially underutilizes property and also considering retiring. Town of Athol Manager indicates will support state funding and grants that may be available to well established developers with reasonable plan for redevelopment. Town of Athol also completed study few years ago indicating shortage of business uses...needed within area...study available for review. Bring your ideas!!!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$17 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94

LAND SF

40,835

ZONING

-

APN/PARCEL ID

ATHO-30 460

ASK ABOUT THIS PROPERTY

Tuomo PeltokangasCPA, INCMore Info
978-821-1846

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Tuomo PeltokangasCPA, INCMore Info
978-821-1846

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