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300 S Main St
Hopedale, MA 01747
Land For Sale
·
45.00 AC
Investment Highlights
- Proximity to Major Routes: Located just 2.7 miles off I-495, offering easy access to both I-90 (Mass Pike) and I-95.
- Growing and Active Commercial/Industrial Corridor with over 800,000 SF under construction within 1 mile.
- Zoning Variety of Commercial & Residential Uses
Executive Summary
NAI Parsons Commercial Group - Boston is pleased to offer for sale 300 South Main Street (Route 140)in Hopedale, Massachusetts (the “Property”), two parcels totaling 45± acres. The site offers a unique opportunity, with varying options for a creative investor/developer.
The Property fronts Route 140 (South Main Street) and is in close proximity to a rapidly developing commercial/industrial corridor in the neighboring towns of Bellingham, Milford, Mendon and Franklin. It is located 2.7 miles off Interstate 495 at Exit 46 (Medway/Bellingham Route 126) providing central access to both Interstate 90 (Mass Pike) and Interstate 95.
The local submarket is experiencing significant growth in the development of commercial facilities. One notable project is at 75 Plain Street in Hopedale, where GFI Partners is developing a Class A distribution center spanning approximately 616,000 square feet, located just half a mile from the Property. Additionally, Bluewater Property Group has announced plans for a 205,000 square foot warehouse/distribution center at 23 Cape Road, Mendon, which is less than a mile away from the Property.
Other developments in close proximity include the Dunkin’s distribution facility (231K SF), Best Buy’s warehouse facility (240K SF); Amazon Milford 300K SF) and 152 Depot Street (200K SF) all less than 2 miles from the Property.
The Property fronts Route 140 (South Main Street) and is in close proximity to a rapidly developing commercial/industrial corridor in the neighboring towns of Bellingham, Milford, Mendon and Franklin. It is located 2.7 miles off Interstate 495 at Exit 46 (Medway/Bellingham Route 126) providing central access to both Interstate 90 (Mass Pike) and Interstate 95.
The local submarket is experiencing significant growth in the development of commercial facilities. One notable project is at 75 Plain Street in Hopedale, where GFI Partners is developing a Class A distribution center spanning approximately 616,000 square feet, located just half a mile from the Property. Additionally, Bluewater Property Group has announced plans for a 205,000 square foot warehouse/distribution center at 23 Cape Road, Mendon, which is less than a mile away from the Property.
Other developments in close proximity include the Dunkin’s distribution facility (231K SF), Best Buy’s warehouse facility (240K SF); Amazon Milford 300K SF) and 152 Depot Street (200K SF) all less than 2 miles from the Property.
Property Facts Under Contract
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Mixed Use |
| Property Type | Land | Total Lot Size | 45.00 AC |
| Zoning | GB-A - General Business A (GB-A) | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 45.00 AC |
| Zoning | GB-A - General Business A (GB-A) |
1 Lot Available
Lot
| Price | $2,000,000 | Lot Size | 45.00 AC |
| Price Per AC | $44,444.44 |
| Price | $2,000,000 |
| Price Per AC | $44,444.44 |
| Lot Size | 45.00 AC |
1.6± acres of recreational vehicle parking rentals (can be expanded). 15± acres of the site are ground leased to a national solar company. 8.5± acres are wetlands. 20± acres remaining consisting of contiguous and non-contiguous acres.
Description
300 South Main Street is located within the GB-A (General Business A), which allows for a variety of residential and commercial uses. Currently the property consists of: • 1.6± acres of recreational vehicle parking rentals (can be expanded). • 15± acres of the site are ground leased to a national solar company. • 8.5± acres are wetlands. • 20± acres remaining consisting of contiguous and non-contiguous acres which may present opportunities for subdivision(s).
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