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29 E Mountain St

23,790 SF 85% Leased Office Building Worcester, MA 01606 £2,962,537 (£125/SF) 7% Net Initial Yield

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Investment Highlights

Elevator
Sprinklers

Solar Panels

Executive Summary

2 Story Commercial Building featuring ample off street parking, fully handicap accessible with 3 stop elevator, solar panels, sprinklers and new rubber roof installed in 2015. This building provides great flexibility between the two main floors as well as a lower sub grade floor. Currently the building is designed with 6 offices suites - 5 located on the 1st floor and 1 long-term state-funded agency that occupies the 2nd floor. The lower level (below grade) is also partially finished providing a large training room featuring its own kitchenette and bathroom in addition to 2 other conference room areas. Immense storage space in the unfinished areas of the lower level. The building is state approved for state funded agencies. Located minutes from routes: 290, 190, and 12 as well as Umass Medical Campus, Downtown, and Quinsigamond College. The building is currently situated on over 10 acres of land. Approximately 8.5 acres are being split off and available for purchase separately.