99 Development Rd - Manufacturing FOR SALE


Fitchburg, MA 01420
$5,950,000 USD
508-635-6784
99 Development Rd, Fitchburg, MA for Sale
$5,950,000 USD
Manufacturing - FOR SALE
1/3
null | Request Cap Rate

99 Development Rd
Fitchburg, MA 01420


OVERVIEW

99 Development Road in Fitchburg and Turnpike Road in Westminster presents a rare opportunity to acquire a ±26.80-acre development site with the scale, infrastructure, and zoning flexibility to support both industrial and residential development. Comprising six contiguous parcels across two municipalities, the property offers a highly adaptable platform for developers seeking to capitalize on the sustained demand for modern industrial facilities and much-needed residential housing throughout Central Massachusetts. The property is currently improved with approximately ±149,028 square feet of existing buildings and is served by public water and sewer, natural gas, and Unitil electric service, providing a strong foundation for future redevelopment. Its dual-municipality location benefits from Industrial 1 (I-1) zoning in Fitchburg and both Industrial 1 (I-1) and Residential 1 (R-1) zoning in Westminster, creating exceptional flexibility to pursue a variety of development strategies. Preliminary planning indicates the potential to accommodate approximately ±260,000 square feet of industrial development together with up to 76 residential units in Westminster, allowing investors to capitalize on multiple market sectors from a single asset. Whether envisioned as a state-of-the-art logistics or manufacturing campus, a residential multi-family redevelopment, or a thoughtfully phased mixed-use development, the site offers the scale and versatility necessary to execute a transformative project. Large, development-ready sites with existing utility infrastructure and flexible zoning have become increasingly scarce throughout the region. This offering combines institutional-quality scale with the opportunity to unlock significant value through strategic redevelopment, making it well suited for industrial developers, residential builders, and investment groups seeking a distinctive project with long-term growth potential.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$872 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg 23

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

26.62

LAND SF

1,159,524

ZONING

I

APN/PARCEL ID

FITC-000118R-000003-E000001,FITC-000118R-000003-F000000,WMIN M:93 B: L:10,WMIN M:93 B: L:11,WMIN-000093-000000-000000-000008,WMIN-000093-000000-000012

ASK ABOUT THIS PROPERTY

Drew HigginsKelleher & Sadowsky Associates, Inc.More Info
508-635-6784

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Drew HigginsKelleher & Sadowsky Associates, Inc.More Info
508-635-6784

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