87 Main St - Light Manufacturing FOR SALE


North Reading, MA 01864
$1,500,000 USD
978-664-2700
87 Main St, North Reading, MA for Sale
$1,500,000 USD
Light Manufacturing - FOR SALE
1/85
null | Request Cap Rate

87 Main St
North Reading, MA 01864


HIGHLIGHTS

  • Lots of Natural Light
  • Great Route 28 signage and visibility

OVERVIEW

AAA location on route 28 in N. Reading MA. 6,000 square ft building with laboratory, office and manufacturing capabilities. Lab on 2nd floor (approx 1500 sq ft) with plenty of cabinets, fume hood and water system. Offices, reception area and engineering space on main floor. Lower floor can be used for small manufacturing space or storage. Parking for 12 cars. Perfect for hemp edible manufacturing business, product development shipping and receiving. Perfect for an out of state company to enter into the Massachusetts market or a Massachusetts company that needs additional or expanded manufacturing capabilities north of Boston. Facility is fully MDAR licensed for manufacturing. Great Opportunity to compliment an existing licensed manufacturer in the cannabis space. FREE STANDING LAB building.This building is set up for small Lab business upstairs, office space 1st floor and lower level.Present Tenant shares building with Landlord and pays $5,000 NNN. Willing to take more space. Lease expires next year, but Tenant is willing to renew.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1999

UTILITIES

Gas - Natural, Water - City, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

10 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24

LAND SF

10,454

ZONING

HB, N Reading

APN/PARCEL ID

NREA-000024-000000-000043

ASK ABOUT THIS PROPERTY

John MagazzuCharlesgate Realty Group LLCMore Info
978-664-2700

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John MagazzuCharlesgate Realty Group LLCMore Info
978-664-2700

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