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Value-Add | 110,000 SF Industrial Asset 151 Harrison St
110,000 SF 13% Leased Industrial Building Online Auction Sale Athol, MA 01331
Investment Highlights
- Versatile two story, 110,000 SF commercial property featuring 100,000 SF of industrial space and 10,000 SF of office space, set on a 3.62-acre lot.
- Multi-use property poised for light industrial, manufacturing, or warehousing offers value-add through strategic lease-up or owner/user.
- Within a 90-minute drive to Boston Logan Int’l Airport and the Massachusetts Port Authority, offering critical supply chain needs for businesses.
- Seamless connectivity to US Route 202, Route 2, and Interstates 91 and 495, ensuring convenient access to the Greater Boston area and beyond.
- Equipped with 600-volt, 3-phase power, seven loading docks, three freight elevators, and ample parking for tractor-trailers or RVs.
- Massachusetts cannabis regulators approve new industry rules. The new regulations will go into effect by Nov. 22. See link below for more information.
Executive Summary
Strategically located in downtown Athol, the property benefits from extensive transportation access with U.S. Route 202 intersecting with Massachusetts Route 2, providing direct routes to Interstate 91 and I-495. The site is also within a 90-minute drive to Boston Logan International Airport and the Massachusetts Port Authority, offering critical connectivity for businesses with regional, national, or global distribution requirements. Additionally, the location provides proximity to a network of interstate highways and the Springfield Terminal Railway, supporting seamless logistics. Nearby amenities include a variety of retailers such as Domino’s Pizza, BP, local dining establishments, and the U.S. Postal Service, enhancing the appeal for potential tenants and employees. Athol’s growing population, bolstered by a 36,486-strong local workforce and an additional labor pool of 12,122, adds further value to this location, especially for sectors like manufacturing and healthcare.
With Athol’s manufacturing sector thriving—home to notable industries like furniture, tools, and plastics and its largest employer, the L.S. Starrett Company—this location offers a strong market advantage. With low tax rates and minimal net expenses, 151 Harrison Street presents an excellent investment with versatile use potential and robust area support.
Property tours are available by appointment only. Please contact the broker to schedule.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Property Survey
- Title and Insurance
Market Analytics Click Here to Access
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Market Sale Price per SF
Worcester - MA USA
Market Cap Rate
Worcester - MA USA
Market Sale Price per SF by Star Rating
1 - 2 Star
3 Star
4 - 5 Star
Market Cap Rate by Star Rating
1 - 2 Star
3 Star
4 - 5 Star
Market Sale Price per SF Distribution
Market Cap Rate Distribution
Property Facts
Amenities
- Bio-Tech/ Lab Space
- Conferencing Facility
- Security System
- Storage Space
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Propane
- Water - City
- Sewer - City
- Heating - Oil (Fired)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Cannabis zoned for manufacturing, farming, distribution, and retail. Built-in point booths available. 800A/600V 3-Phase power available.
Professional and newly renovated office space available. Rent by office or by suite. Fully durnished waiting areas, kitchen, and conference room. Extra storage, shop, or warehousing spaces are available in an adjacent building.
Large industrial space available for warehousing, light manufacturing, assembly, laborartory, or storage use. Can be subdivided with adjacent recently remodeled office space. Plenty of parking. Up to 50,000 of space available at street level and another 50,000 SF available at lower level with drive in acces and freight elevator availability.
150 SF up to 5,000 SF professional office space. Warehouse, light manufacturing, and storage space available. Flexible, clean, and secure. From 1000 SF.
Space | Size | Space Use | Condition | Available |
Lower Level - Basement Space | 50,000 SF | Industrial | Partial Build-Out | 30 Days |
1st Floor | 200-5,000 SF | Office | Full Build-Out | 30 Days |
1st Floor | 700-50,000 SF | Industrial | Shell Space | 30 Days |
1st Fl-Ste Space 1-20 | 150-5,000 SF | Office | Partial Build-Out | 30 Days |
Lower Level - Basement Space
Size |
50,000 SF |
Space Use |
Industrial |
Condition |
Partial Build-Out |
Available |
30 Days |
1st Floor
Size |
200-5,000 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
30 Days |
1st Floor
Size |
700-50,000 SF |
Space Use |
Industrial |
Condition |
Shell Space |
Available |
30 Days |
1st Fl-Ste Space 1-20
Size |
150-5,000 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
30 Days |
Lower Level - Basement Space
Size | 50,000 SF |
Space Use | Industrial |
Condition | Partial Build-Out |
Available | 30 Days |
Cannabis zoned for manufacturing, farming, distribution, and retail. Built-in point booths available. 800A/600V 3-Phase power available.
1st Floor
Size | 200-5,000 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | 30 Days |
Professional and newly renovated office space available. Rent by office or by suite. Fully durnished waiting areas, kitchen, and conference room. Extra storage, shop, or warehousing spaces are available in an adjacent building.
1st Floor
Size | 700-50,000 SF |
Space Use | Industrial |
Condition | Shell Space |
Available | 30 Days |
Large industrial space available for warehousing, light manufacturing, assembly, laborartory, or storage use. Can be subdivided with adjacent recently remodeled office space. Plenty of parking. Up to 50,000 of space available at street level and another 50,000 SF available at lower level with drive in acces and freight elevator availability.
1st Fl-Ste Space 1-20
Size | 150-5,000 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | 30 Days |
150 SF up to 5,000 SF professional office space. Warehouse, light manufacturing, and storage space available. Flexible, clean, and secure. From 1000 SF.
DEMOGRAPHICS
Regional Accessibility
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $411,768 CAD | |
Land Assessment | $256,683 CAD | Total Assessment | $668,451 CAD |
PROPERTY TAXES
zoning
Zoning Code | General Commercial (General Commercial Zoned for all cannabis related business.) |
General Commercial (General Commercial Zoned for all cannabis related business.) |
About the Auction Platform
Auction Contact
Presented by
Jennifer Stein Real Estate Inc
Value-Add | 110,000 SF Industrial Asset | 151 Harrison St
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Value-Add | 110,000 SF Industrial Asset | 151 Harrison St
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