APPROX. $360,000 RECENT RENOVATIONS!
22,374 sf. brick building
Sale, lease or lease with an option to purchase
Vacant 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., a different concept could produce more units. The past buyer for the Townhouse project could not secure financing. Zoning is now RB. Multifamily is allowed with a Special Permit. The current owner has a Special Permit for a machine shop use.
Site abuts the Rail Trail and offers a great opportunity for a condo or apartment conversion project. The City likes this project and would like to see housing on this site. Price can be reduced $100K if new heating systems ( per 2nd & 3rd floors ) are not included.
FOR SALE – Asking – $1,200,000
If HVAC systems are not included, Seller will reduce the price $30K.
FOR LEASE:
Lower level, with freight elevator access , approx. 7,386 sf – Asking – $8/s.f. + utilities
1st floor , approx. 6,898 s.f., incl. 976 sf office- Asking – $10/s.f. NNN
2nd floor, approx. 6,898 s.f. Asking – $10/s.f. NNN
Machine shop use only.
| Price: | Asking - $1,200,000 |
| Address: | 269 Mechanic St. |
| City: | Marlborough |
| State: | MA |
| Year Built: | 1917/ 2024 RENOVATED |
| Floors: | 3 |
| Square Feet: | 22,374 sf. |
| Acres: | 0.67 acres |
| Lot Square Feet: | 32,782 S.F. |