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269 Mechanic St

24,228 SF Vacant Flex Building Marlborough, MA 01752 $1,685,616 CAD ($70 CAD/SF)

Executive Summary

APPROX. $360,000 RECENT RENOVATIONS! LEASE/SALE OR SALE LEASEBACK
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.

Property Facts

Price $1,685,616 CAD
Price Per SF $70 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 0.75 AC
Rentable Building Area 24,228 SF
No. Stories 3
Year Built/Renovated 1900/2024
Parking Ratio 1.87/1,000 SF
Clear Ceiling Height 14 ft
No. Dock-High Doors/Loading 2

Amenities

  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Lower Level
  • 7,386 SF
  • Flex
  • -
  • Now

Lower level, with freight elevator access

  • 1st Floor
  • 6,898 SF
  • Flex
  • -
  • Now
  • 2nd Floor
  • 6,898 SF
  • Flex
  • -
  • Now
Space Size Space Use Condition Available
Lower Level 7,386 SF Flex - Now
1st Floor 6,898 SF Flex - Now
2nd Floor 6,898 SF Flex - Now

Lower Level

Size
7,386 SF
Space Use
Flex
Condition
-
Available
Now

1st Floor

Size
6,898 SF
Space Use
Flex
Condition
-
Available
Now

2nd Floor

Size
6,898 SF
Space Use
Flex
Condition
-
Available
Now

Lower Level

Size 7,386 SF
Space Use Flex
Condition -
Available Now

Lower level, with freight elevator access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MARL-000056-000125
Land Assessment
$251,874 CAD
Improvements Assessment
$837,208 CAD
Total Assessment
$1,089,082 CAD

zoning

Zoning Code LI, Storage (RB ,multi family allowed with Special Permit)
LI, Storage (RB ,multi family allowed with Special Permit)
  • Listing ID: 32730765

  • Date on Market: 2024-08-08

  • Last Updated:

  • Address: 269 Mechanic St, Marlborough, MA 01752

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