This Industrial Property is no longer advertised on LoopNet.com.
247 Main Rd
Colrain, MA 01340
Value-Add Industrial Asset | Opportunity Zone · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Industrial property comprising two buildings totaling 75,000 square feet that sit on a 5.26-acre lot about an hour from Springfield, Massachusetts.
- Value-add industrial property allows investors and owner-users to rent the space or use the facilities.
- Located in an opportunity zone in which investors and owner/users can take advantage of tax incentives.
- Vacant property offers a warehouse with four loading docks; the second building is light industrial.
- Asset is within a two-hour drive to major markets such as Boston, Massachusetts; Albany, New York; and Providence, Rhode Island.
PROPERTY FACTS
Sale Conditions | Auction Sale |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 5.26 AC |
Rentable Building Area | 75,000 SF |
No. Stories | 1 |
Year Built | 1985 |
Parking Ratio | 0.2/1,000 SF |
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $1,738,500 |
Land Assessment | $99,100 | Total Assessment | $1,837,600 |
Learn More About Investing in Industrial Properties
Listing ID: 29312880
Date on Market: 8/18/2023
Last Updated:
Address: 247 Main Rd, Colrain, MA 01340