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Wrights Mill Complex 85 South St

592,000 SF Vacant Industrial Building West Warren, MA 01092 $10,914,519 CAD ($18 CAD/SF)

Executive Summary

Incredible redevelopment opportunity available in Worcester County. The Wrights Mill Complex comprises 15 building sections across 6 separate parcels, totaling approximately 592,000 gross square feet and 99 acres. Condominium conversion plans have been created. Feasibility study for hydroelectric refurbishment available. The site is situated in the West Warren village on the Quaboag River, surrounded by scenic views of the 15-town Quaboag Valley region. It is conveniently located directly off of MA Rt. 67, approximately 12 minutes from the Palmer MA Turnpike interchange, in a centralized location between the cities of Springfield and Worcester. Ample parking on site. Many buildings are in good overall condition, with a mix of multi-story structures and more modern single-story industrial outbuildings, as well as a detached residential dwelling. Zoned in a Mill Conversion Overlay District (MCOD). Numerous usage possibilities including residential, multi-tenant commercial, industrial, institutional, or a mixed-use campus. Historic tax credits, grants, and other redevelopment incentives potentially available via state and local agencies.

Property Facts

Price $10,914,519 CAD
Price Per SF $18 CAD
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Warehouse
  • Office Office Residential
Building Class C
Lot Size 99.58 AC
Rentable Building Area 592,000 SF
No. Stories 4
Year Built 1880
Parking Ratio 0.17/1,000 SF
Clear Ceiling Height 12 ft
No. Dock-High Doors/Loading 10
No. Drive In / Grade-Level Doors 2

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WARR-000021-000000-000039
Land Assessment
$566,813 CAD
Improvements Assessment
$1,329,044 CAD
Total Assessment
$1,895,856 CAD

zoning

Zoning Code MCOD (Mill Conversion Overlay District)
MCOD (Mill Conversion Overlay District)
  • Listing ID: 31028319

  • Date on Market: 2024-02-23

  • Last Updated:

  • Address: 85 South St, West Warren, MA 01092

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