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339 Main St

72,875 SF 100% Leased Industrial Building Athol, MA 01331 £1,202,250 (£16/SF)

Investment Highlights

  • Downtown green design, funding approved for significant immediate adjacent property already owned by municipality.
  • Much improved aesthetic appearance, drainage & daylighting of current encapsulated stream of immediately surrounding parcel
  • Improved downtown parking and pedestrian walking safety
  • BSC group design of adjacent municipal area publicly available for review..."Greening Lord Pond Plaza".
  • Design for live-work communty

Executive Summary

LOCATED IMMEDIATELY Abutting DOWNTOWN MUNICIPAL REDEVELOPMENT ALREADY FUNDED BY THE MASSACHUSETTS EXECUTIVE OFFICE OF ENERGY & ENVIRONMENTAL AFFAIRS MUNICIPAL VULNERABILITY PREPARDNESS PROGRAM. Please see immediately adjacent property for which state funding has been provided to Town of Athol...municipal green space write up & site plan: https://storymaps.arcgis.com/stories/74a4127fafff4189aea395490a1a0244
Subject is multilevel mill building with exterior brick walls, steel/wood frame...top floor is clear span (steel truss frame roof). Significant downtown municipal green space designed, FUNDED municipal owned LOCATED IMMEDIATELY adjacent to subject property...attractive landscaping & to be exposed waterway, enhanced safety and parking an more. Based on conversations, municipality will support reasonable redevelopment of subject property. With existing housing shortage... residential re-use is considered desirable...with potential partial commercial component. Subject is currently and been long owner occupied property used for industrial purposes. Now, property is ready for redevelopment...current owner interested in retiring. Town of Athol Manager indicates state funding and grants may be available to well healed developers having reasonable plan for redevelopment. Town of Athol also completed study few years ago indicating shortage of business uses...needed within area...study available for review. Bring your ideas!!!

Property Facts

Price £1,202,250 Lot Size 0.94 AC
Price Per SF £16 Rentable Building Area 72,875 SF
Sale Type Investment or Owner User Number of Floors 4
Sale Conditions Development Sale Year Built 1920
Property Type Industrial 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.
Price £1,202,250
Price Per SF £16
Sale Type Investment or Owner User
Sale Conditions Development Sale
Property Type Industrial
Lot Size 0.94 AC
Rentable Building Area 72,875 SF
Number of Floors 4
Year Built 1920
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.
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PROPERTY TAXES

Parcel Number ATHO-30 460 Improvements Assessment £281,727
Land Assessment £94,417 Total Assessment £376,144

PROPERTY TAXES

Parcel Number
ATHO-30 460
Land Assessment
£94,417
Improvements Assessment
£281,727
Total Assessment
£376,144
(978) 821-1846

Contact

  • Listing ID: 31965361

  • Date on Market: 30/05/2024

  • Last Updated:

  • Address: 339 Main St, Athol, MA 01331

The Industrial Property at 339 Main St, Athol, MA 01331 is currently available for sale. Contact CPA, INC for more information.

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339 Main St, Athol, MA for sale Other- Image 1 of 2
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339 Main St
(978) 821-1846 x

339 Main St

Tuomo Peltokangas

(978) 821-1846

(978) 821-1846

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