Blank Canvas Industrial Space | I-91 Access 149 Wason Ave 147,600 SF Vacant Industrial Building Online Auction Sale Springfield, MA 01107

149 Wason Avenue is the premier opportunity in Springfield, Massachusetts. The 147,600-square-foot warehouse is highly functional and constructed of brick and mortar. The three-story asset comes equipped with one drive-in and three external docks. The property has stairs to reach each floor, ramps for forklift access, and freight elevators. Perched on 1.51 acres, the property makes use of the entire lot. The property was previously used for a single tenant but can be reimagined to meet new business needs. The IA zoning allows for many potential future uses. The zoning is designed to accommodate industrial adapted reuse, self-storage and medical uses. Manufacturing and processing, warehousing and distribution, research and development, office uses, and wholesale businesses are all permitted. Additionally, the property abuts a rail line and has side/rear designated parking for parking and vehicle storage. New ownership can continue to use the property as-is or reimagine the space to create additional revenues.

The Hampden County Industrial Submarket is the ultimate place for investors to enter Massachusetts. The area contains roughly 51.3 million square feet of inventory, which is further divided into 25.9 million square feet of logistics space, 4.7 million square feet of flex space, and 20.7 million square feet of specialized inventory. Rents have changed by 3.0% year over year in Hampden County.

Springfield creates the perfect backdrop for industrial investment. There is excellent interstate connectivity just off Interstate 91 and close to Interstate 90 (Mass Pike) and Interstate 291, ensuring efficient transportation. Rail access is easily accessible from the property, with major freight lines running through town and linking the area to Boston, New York, and beyond. Major markets such as Boston, Albany, and others are on the East Coast, allowing for easy distribution. The area offers a skilled labor pool with a strong workforce consisting of over 253,500 total employees working within a 10-mile radius of the asset. The property is ideally located just north of downtown near many conveniences such as KFC, McDonald’s, several hotels, grocery stores, and more.

Discover 149 Wason Avenue, the ideal location for businesses in need of a blank canvas space, or investors seeking the ultimate vacant asset.

Property tours are available by appointment only on April 14th and April 17th. Please contact the listing broker to schedule a tour.
Property is being listed by John Nasca | Lee & Associates | MA License # 9540638