Corporate Headquarters | 63 Smiths Ln
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Corporate Headquarters 63 Smiths Ln
22,725 SF Flex Building Kingston, MA 02364 For Sale 6.87% Cap Rate
Investment Highlights
- Building A - 15,440 SF
- 5.8 Acres in Commercial Zone
- 588 feet of frontage along Route 3
- Building B - 7,285 SF
- 32 Miles from Boston
- 100% Leased to Rogers Gray
Executive Summary
Ellis Realty Advisors is pleased to offer 63 Smiths Lane in Kingston. 100% leased to Rogers Gray, a wholly-owned subsidiary of Baldwin Risk Partners (NASDAQ: BWIN) for their Northeast headquarters, the building offers a prime commercial investment opportunity with two versatile office/flex facilities, totaling 22,725 square feet, built in 1984 and renovated in 2011 and 2021.
The main office building features 15,440 square feet of meticulously maintained office space, featuring a modern build-out and elevator. The second building includes 7,285 square feet of office/flex space and has existing loading infrastructure for conversion back to warehouse/flex space.
The site spans 5.8 acres with 588 feet of frontage along Route 3, offering excellent visibility. A charming brook flows through the well-landscaped grounds, adding to the property's grand yet inviting ambiance.
Conveniently located near the Kingston Collection shopping center and the Kingston Commuter Rail Station, this property provides an easy commute to and from Boston via the Kingston Commuter Rail Station.
The main office building features 15,440 square feet of meticulously maintained office space, featuring a modern build-out and elevator. The second building includes 7,285 square feet of office/flex space and has existing loading infrastructure for conversion back to warehouse/flex space.
The site spans 5.8 acres with 588 feet of frontage along Route 3, offering excellent visibility. A charming brook flows through the well-landscaped grounds, adding to the property's grand yet inviting ambiance.
Conveniently located near the Kingston Collection shopping center and the Kingston Commuter Rail Station, this property provides an easy commute to and from Boston via the Kingston Commuter Rail Station.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Rentable Building Area | 22,725 SF |
| Cap Rate | 6.87% | No. Stories | 2 |
| Property Type | Flex | Year Built/Renovated | 1984/2021 |
| Property Subtype | Light Manufacturing | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.9/1,000 SF |
| Lot Size | 5.80 AC |
| Sale Type | Investment |
| Cap Rate | 6.87% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 5.80 AC |
| Rentable Building Area | 22,725 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2021 |
| Tenancy | Single |
| Parking Ratio | 2.9/1,000 SF |
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PROPERTY TAXES
| Parcel Number | KING-000076-000098 | Improvements Assessment | $1,933,941 CAD |
| Land Assessment | $887,860 CAD | Total Assessment | $2,821,801 CAD |
PROPERTY TAXES
Parcel Number
KING-000076-000098
Land Assessment
$887,860 CAD
Improvements Assessment
$1,933,941 CAD
Total Assessment
$2,821,801 CAD
zoning
| Zoning Code | IND (Industrial) |
| IND (Industrial) |
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Corporate Headquarters | 63 Smiths Ln
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