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9 Mechanic St

19,920 SF 100% Leased Industrial Building Ware, MA 01082 £400,750 (£20/SF)

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Executive Summary

Redevelopment site available off of Rt. 9 & Rt. 32 in Ware. The property was a lumber yard and includes two parcels (1.94 acres and 2.89 acres), both zoned HC (Highway Commercial). Approximately 4.83 acres total, located adjacent to the MassCentral railroad. Two existing structures, totaling approximately 19,920 gross SF, would likely need to be torn down. Many potential uses under HC zoning, including residential, retail, hospitality, self storage, and solar facility with special permit. Convenient location, minutes from downtown amenities.

Ware MA 2021 Zoning Use Table.5

Ware MA Zoning Bylaw 2021 - In Current Use.1 - HC Highway Comm. page

Property Facts

Price	£400,750	Building Class	C
Price Per SF	£20	Lot Size	4.83 AC
Sale Type	Investment	Rentable Building Area	19,920 SF
Sale Conditions	Development Sale	Number of Floors	1
Property Type	Industrial	Year Built	1974
Property Subtype	Warehouse Industrial Distribution	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	£400,750
Price Per SF	£20
Sale Type	Investment
Sale Conditions	Development Sale
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution
Building Class	C
Lot Size	4.83 AC
Rentable Building Area	19,920 SF
Number of Floors	1
Year Built	1974
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.