Property Listing No Longer Available for Sale

146-148 Pratts Junction Road

Sterling, MA

Industrial for Sale - $1,350,000 - 10,052 Sq. Ft. on 4.75 acres


Property Info

CIMLS#1050149
Location
  146-148 Pratts Junction Road
  Sterling MA 01564
UpdatedMarch 28th, 2020
TypeIndustrial
Price$1,350,000
Building10,052 Sq. Ft.
Land4.75 acres

Property Description

AVAILABLE OCCUPIED OR VACANT - 10,000 SF INDUSTRIAL/MFG/WHSE BUILDING WITH CRANE ON 4.75 ACRES. INCLUDES 2.41 ACRE LOT ZONED LIGHT INDUSTRIAL AND READY TO BUILD. NICE LEVEL, MOSTLY OPEN LOT ON PRATTS JUNCTION ROAD. 5 GROUND LEVEL DOCKS (3-16X12 & 2-16X14). 24' CEILING HEIGHT. INCLUDES +/- 2,OOO SF OF OFFICE. GREAT LOCATION ABOUT 1.0 MILE TO ROUTE I-190 AND FROM THERE EASY ACCESS TO WORCESTER AND ROUTE 2. ALSO EASY ACCESS FROM STERLING TO CLINTON/495 AND ROUTE 12 TO LEOMINSTER. CURRENT TENANT (Can be delivered vacant) IS RYDER TRUCK RENTAL. AAA QUALITY TENANT PAYING $7,000 MO. NNN. 6.2% CAP RATE ON TOTAL OR 8.4% CAP ALLOCATING $350,000 TO LAND. OWNER SAYS NO WETLANDS AND SOILS ARE MOSTLY EASY TO WORK WITH SAND AND GRAVEL. THIS READY TO BUILD LOT COMES COMPLETE WITH SEPTIC PLANS AND QUICK APPROVAL FOR A 20,000 SF BLDG. EASY TO CHANGE FOOTPRINT TO FIT YOUR NEEDS.


Financials