930 Washington St - Light Distribution FOR SALE


Norwood, MA 02062- Outer Route 1 South
$3,950,000 USD
617-896-7237
930 Washington St, Norwood, MA for Sale
$3,950,000 USD
Light Distribution - FOR SALE
1/12
null | Request Cap Rate

930 Washington St
Norwood, MA 02062
Outer Route 1 South


HIGHLIGHTS

  • Rare opportunity to own/occupy affordable space in 128/Central sub-market.
  • New roof installed in 2021 along with other renovations.
  • Close proximity to Auto Mile and Norwood Hospital.

OVERVIEW

The Klein Group of Marcus and Millichap, as exclusive agents, is pleased to present 930 Washington Street. 930 Washington combines old with new in the heart of Downtown Norwood. The 46,500 square foot industrial property includes 14,500 SF of modern warehouse space with 22'–25' clear heights and a 16' drive-in door. This is paired with 32,000 SF of historic manufacturing space, accessible by three loading docks and a 14' drive-in door. This well-located building has been well maintained, with renovations that include a new rubber membrane roof in 2021. The property is located one block from the recently rebuilt Norwood Hospital. Beginning in the 1950s, Route 1 in Norwood began developing as a cluster of auto dealerships. Today, 20+ major dealerships call this area home, an ecosystem that supports dozens of additional used dealerships, body shops, mechanics, and parts suppliers. Located less than thirty minutes from Downtown Boston and fifteen minutes from the affluent suburbs of Newton, Weston, and Wellesley, this property offers a rare opportunity to owner-occupy space in the 128/Central submarket.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

UTILITIES

Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

15 Ft

DOCKS

3

DRIVE INS

2

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.8

LAND SF

78,408

ZONING

Manufacturing

APN/PARCEL ID

NORW-000003-000001-000003

ASK ABOUT THIS PROPERTY

Harrison KleinMarcus & Millichap: The Klein GroupMore Info
617-896-7237

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Harrison KleinMarcus & Millichap: The Klein GroupMore Info
617-896-7237

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