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Versatile Commercial-Industrial Property on 71.52 Acres

162 Baldwinville Rd, Templeton, MA 01468

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For Sale

$4,000,000

71.52 acres with two buildings near Route 2.

Type:Commercial

Property size:

16,024 SF

Lot size:

71.52 Acres

Price / SF:

$249/SF

Listing Contact

Scott Simpson

Real Estate License ID: 454501513

HighLights

71.52 acres of Commercial–Industrial property.
Convenient access just off Route 2 for easy east/west travel.
Zoning allows for a wide range of uses including retail, manufacturing, distribution, restaurants, and automotive services.
Includes a 10,300 sq. ft. commercial building with 9,610 sq. ft. of open space.
Features a 5,724 sq. ft. steel building with mezzanine storage, 14' and 8' doors, and 16 ft. clear height.
Two buildings on the property offer flexibility for different business operations.

Learn more

For Sale

$4,000,000

71.52 acres with two buildings near Route 2.

Type:Commercial

Property size:

16,024 SF

Lot size:

71.52 Acres

Price / SF:

$249/SF

Added:: Apr 23, 2026
Days on Market:: 50
Last Refresh:: Apr 23 at 10:37 am

Property Features for 162 Baldwinville Rd

General Information

Standard status: Active
Size: 16,024 SF
Lot size: 71.52 Acres
Property subtype: Commercial

Building Details

Year Built: 1970

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Listing Contact

Scott Simpson

Listing agent Scott Simpson License #454501513

Listing office Century 21 North East

Listing date Apr 23, 2026

Source Alliancepartnersre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Century 21 North East

HighLights

71.52 acres of Commercial–Industrial property.
Convenient access just off Route 2 for easy east/west travel.
Zoning allows for a wide range of uses including retail, manufacturing, distribution, restaurants, and automotive services.
Includes a 10,300 sq. ft. commercial building with 9,610 sq. ft. of open space.
Features a 5,724 sq. ft. steel building with mezzanine storage, 14' and 8' doors, and 16 ft. clear height.
Two buildings on the property offer flexibility for different business operations.

Overview

This commercial-industrial property encompasses 71.52 acres and includes two buildings. The location provides convenient access just off Route 2, facilitating travel in both east and west directions. The property is identified as Map 04–08 Lots 27, 28, 113, and a portion of Lot 29. The main building, constructed in 1970, is a 10,300 sq. ft. commercial structure. It was previously utilized for furniture sales and features 9,610 sq. ft. of open space along with a 690 sq. ft. utility room. This building is suitable for retail, showroom, or flexible commercial applications. Additionally, there is a 5,724 sq. ft. steel building, erected in 1992, which includes a mezzanine for supplemental storage. It is equipped with one 14' door, one 8' door, and three man doors, offering a 16 ft. clear height, making it appropriate for warehouse or industrial operations. The Commercial–Industrial–A zoning permits a range of potential uses, including retail, lumber or contractor's yards, research and development, light manufacturing, distribution, restaurants, gasoline or service stations, automobile sales, warehouses, office buildings, and auto or truck repair facilities.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$346.1k	$21.60
− Vacancy	−$7.6k	−$0.48
EGI	$338.5k	$21.12
− OpEx	−$101.6k	−$6.34
NOI	$237.0k	$14.79

16,024 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$3.39M

$2.96M – $3.95M (±1% cap)

NOI $236,953 @ 7.0% cap · market cap 5.92%

Second Best

Warehouse

$2.67M

$2.33M – $3.11M (±1% cap)

NOI $186,719 @ 7.0% cap · market cap 4.67%

Theoretical Best

Office A

$5.47M

$4.79M – $6.38M (±1% cap)

NOI $383,038 @ 7.0% cap · market cap 9.58%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Custom Quality Upholstering Furniture & Home Goods Templeton Furniture Home Decor Store

Suggested Use

Location Insight

Map
Local Demand

City: Templeton
County: Worcester
State: Massachusetts
Longitude: -72.0732441
Latitude: 42.5672821

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For sale
Mixed-use properties
MA
Templeton
01468
162 Baldwinville Rd

What type of property is this?

Mixed-use property - 71.52 acres with two buildings near Route 2.

Where is this mixed-use property located?

The property is located at 162 Baldwinville Rd Templeton, MA.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: 71.52 acres of Commercial–Industrial property.; Convenient access just off Route 2 for easy east/west travel.; Zoning allows for a wide range of uses including retail, manufacturing, distribution, restaurants, and automotive services.