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114 Pleasant St 9,730 sq ft 60% Let Industrial Property Southbridge, MA 01550 £1,122,045 (£115.32/sq ft)

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INVESTMENT HIGHLIGHTS

Fully furnished and equiped for R&D Incubators
Opportunity Zone

Clean rooms on site

EXECUTIVE SUMMARY

Free standing Commercial Building on 1.17 Acre of Land in Downtown! Refurbished Schoolhouse in 2013 with two energy upgrades-Current Industrial with a mix of Office, Lab, Warehouse/Flex space featuring 9730+/-sq ft of gross leasable area including Offices, Labs, Conference Room, Lounge, Kitchen, Machine Shop, and Shower Room. 32 onsite parking spaces. Easily access major routes including 90, 395, 20, 31, and 131. Corner lot at busy 4 way intersection with 4-way Stop and high traffic count/visibility. This property is in an Opportunity Zone. There are no long term leases in place. Brand new HVAC system with high efficiency heat pumps! Re-coated silicone roof-24 year transferable warranty, Sprinkler System, Security System, and Keyless Entry. Infrared rejecting film on windows. LED updated lighting. Many potential uses-Labs, Medial, Healthcare, School/Educational, Religeous, Business Office, Museum, Child Care, or Library to name a few!

114 Pleasant flyer

PROPERTY FACTS

Price	£1,122,045	Net Internal Area (NIA)	9,730 sq ft
Price per sq ft	£115.32	No. Floors	2
Sale Type	Investment or Owner Occupier	Year Built/Renovated	1928/2013
Property Type	Industrial	Parking Allocation	3.29/1,000 sq ft
Property Subtype	Manufacturing Light Industrial Light Manufacturing Light industrial - Research & Development Office - Medical	Eaves Height	10 ft
Costar Property Class	B	No. Dock-High Doors/Loading	1
Total Plot Size	1.17 ac	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class	C - Office Research District

Price	£1,122,045
Price per sq ft	£115.32
Sale Type	Investment or Owner Occupier
Property Type	Industrial
Property Subtype	Manufacturing Light Industrial Light Manufacturing Light industrial - Research & Development Office - Medical
Costar Property Class	B
Total Plot Size	1.17 ac
Net Internal Area (NIA)	9,730 sq ft
No. Floors	2
Year Built/Renovated	1928/2013
Parking Allocation	3.29/1,000 sq ft
Eaves Height	10 ft
No. Dock-High Doors/Loading	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class	C - Office Research District