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35 Optical Dr

144,000 SF 100% Leased Industrial Building Southbridge, MA 01550 $4,000,000 ($28/SF)

Executive Summary

Originally constructed in 1942, this brick and wood
beam two-story structure containing 198,300 SF,
was originally used by American Optical as a
manufacturing/warehouse facility for eyeglass and
plastic products for the face, eyes and ears. The
building has gone through a series of renovations over
the years which includes extensive investment by its
prior tenant, 3M.

The building is positioned geographically in the center
of the site with 15’ - 22’ clear ceiling height on the
main floor totaling 144,200 SF and ample natural light
provided by nine roof monitors and over 200/4’ x 6’
windows on the perimeter. The main floor is served by
four loading docks on the south and two on the east
side of the building.

The ground level of 54,000 SF has direct access from
the street and sufficient ceiling height to be used for
office or storage space.

Property Facts

Price $4,000,000
Price Per SF $28
Sale Type Investment
Sale Conditions
Ground Lease (Leased Fee)
  • High Vacancy Property
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 25.02 AC
Rentable Building Area 144,000 SF
No. Stories 1
Year Built/Renovated 1942/2006
Parking Ratio 1.53/1,000 SF
Clear Ceiling Height 18 FT
No. Dock-High Doors/Loading 8

zoning

Zoning Code HI
HI
  • Listing ID: 12440226

  • Date on Market: 5/2/2018

  • Last Updated:

  • Address: 35 Optical Dr, Southbridge, MA 01550

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