339 Main St - Industrial FOR SALE


Athol, MA 01331
$1,075,000 USD
978-821-1846
339 Main St, Athol, MA for Sale
$1,075,000 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...AT $1,075,000 = BUY bldg at $14.75/SF!!! CORRECT...price at $14.75/SF (based on assessor info bldg size 72,875 SF)...this is price to purchase property. It will be sold!!! IMPORTANT...PROPERTY OFFERED FOR SALE IS LOCATED IMMEDIATELY ABUTTING DOWNTOWN MUNICIPAL SITE. PHYSICAL SITE WORK HAS STARTED ON THE IMMEDIATELY ADJACENT PROPERTY OWNED BY TOWN OF ATHOL. VIEW municipal green space write up & site plan: https://storymaps.arcgis.com/stories/74a4127fafff4189aea395490a1a0244. AGAIN...Town has started site work on parcel immediately adjacent to subject...significant improvements being done next immediately door will enhance subject! 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, funded for municipal owned site which is LOCATED IMMEDIATELY adjacent to subject property...plan includes attractive landscaping, expose waterway (now encased underground), enhance safety and increase parking and more...MUNICIPALITY HAS COMMENCED SITE WORK ON DIRECTLY ABUTTING COMMUNITY 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 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

$1,075,000 USD

PRICE/SF

$15 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.