81 Freight Yard Way

This amazing building was constructed in the mid-19th century for the purpose of servicing steam locomotives. The property has been completely restored and currently features radiant floor heat, all new windows, a new roof and a repointed exterior. Interior layout consists of office space on 2 levels, warehouse space and a mezzanine overlooking the warehouse. The layout provides a mix of private offices, kitchenette and conference room, receiving area and large warehouse. High ceilings, abundant natural light and energy efficiency make this building as unique on the inside as it is on the exterior. Convenient location in The Northfield Industrial Park provides ample possibilities. Adjacent additional buildings and land potentially available. Both office space and warehouse/mezzanine are climate controlled. Land Lease in place with AT&T for a pad site outside the building through 2037 provides income of approximately $8,000/year.
The “Engine House” is a 34’ X 160’ brick building on .93 acres. Floor space is approximately 7,100 SF.
Includes:
OFFICE SPACE including toilet rooms, kitchenette/breakroom, and conference room is approximately 3,000 SF.
5 – Ground floor private offices.
1 – Ground floor kitchenette/breakroom.
2 – Ground floor toilet rooms (1-ADA).
1 – Ground floor conference room.
3 – Second floor offices.
Mechanical room and Electrical closet.
WAREHOUSE SPACE including mezzanine is approximately 4,100 SF.
Mezzanine – 850 SF
Warehouse – 3,250 SF with 17’ ceiling height.
AT&T lease is for 2,680 SF that AT&T’s Regeneration building sits on. (Lease is land only). This leased SF area is part of Lot #2, the Engine House lot-it is not a separate sub-divided lot. AT&T pays all utilities and is responsible for plowing and maintenance around their building. Term of Lease – 12/26/2017 through 12/25/2037.
Rent – 12/26/2017 through 12/25/2026 – $8,040 per year.
Rent – 12/26/2026 through 12/25/2037 – $9,380 per year.
Income balance remaining on Lease – $117,920.00
There is nothing the Landlord is required to do for AT&T – i.e. No plowing, no mowing, no maintenance, nothing.
New standing seam roof; custom windows; custom doors; sky lights with rain sensors and auto shades; radiant heat throughout with 7 zones; 3 heat pumps/5 heads; energy efficient lighting with motion sensors; automatic 17’ tall garage doors; 6,000 lb. in floor dock lift; security card access system.