269 Mechanic Street, Marlborough, MA

Industrial for Sale - $1,495,000 - 22,374 Sq. Ft. on 0.67 acres


Agent Info

Marlene Aron
Metrowest Commercial Real Estate

Property Info

CIMLS#1164054
Location
  269 Mechanic Street
  Marlborough MA 01752
UpdatedSeptember 9th, 2024
TypeIndustrial
Price$1,495,000
Building22,374 Sq. Ft.
Land0.67 acres

Attached Documents


Property Description

APPROX. $360,000 RECENT RENOVATIONS!

22,374 sf. brick building filled with equipment.

Brick 3 story building. Past buyer was in the process of getting the property permitted for 8 Townhouse condos of approx 2,500 s.f., but could not secure financing. Current zoning is RB.

Multifamily is allowed with a Special Permit. Owner may have the right to revert back to Light Industrial. Site abuts the Rail Trail and offers a great opportunity for a condo conversion project. The City likes this project and would like to see condo's on this site.

If one or two new HVAC systems ( 1st & 2nd fl.) are not included price can be reduced $50K per floor.

Now available for lease and lease with option


Financials