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Flex Building with New Docks
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For Lease
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333 South St, Shrewsbury, MA 01545

A planned renovation will add loading docks on both sides and reconfigure the building for tenant improvements.

Space Size127,371 SF
Days on Market7

Property Features for 333 South St

General Information

Standard status Active
Size 127,371 SF
Property subtype INDUSTRIAL

Warehouse & Industrial

Clear Height 28.3 ft
Clear Span Yes

Additional Details

Space Use Flex
Highway Access Yes

Spaces For Lease

at 333 South St
Building 2 AVAILABLE, Now
Floor Bldg
Size 127,371 SF
Type INDUSTRIAL
Rate Contact for pricing
Sublease No
- Building 2 at 65 Chestnut Street is currently a two-story 204,000 square foot flex building. The plan is to create a new entrance with employee parking on the north side of the property that will sit above the floor below by removing a majority of the second floor. New docks will be installed at the north and south sides of the building. Clear heights will range from 21' 6" to 28' 4" with clear span ranging from 55' 4" by 237' in one section to 83' by 375" in the other. The existing power to the entire site is 11,000 amps that is scalable to meet your clients' needs. ICP is starting the renovation in the summer of 2026 with a planned completion date of Q3 2027 - ready for a tenant's improvements. - Redevelopment property in Shrewsbury, Massachusetts at the crossroads of Central Massachusetts, with immediate access to Route 9 and convenient access to I-190, I-290, and I-90.
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Listing Agency: Kelleher & Sadowsky
Listed By: Philip A. DeSimone · License #9536924
Source: Moodyscre
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 28 at 11:45AM

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 Kelleher & Sadowsky

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Investment Insights

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Building 2 is a two-story flex property slated for redevelopment. Plans call for removing most of the second floor and creating a north-side entrance with employee parking above the floor below. New loading docks are planned for both the north and south sides. Clear heights are expected to range from 21 feet 6 inches to 28 feet 4 inches, with clear spans described as 55 feet 4 inches by 237 feet in one section and 83 feet by 375 inches in another. Site power totals 11,000 amps and can be scaled to tenant requirements.

The property is in Shrewsbury, Massachusetts, with immediate access to Route 9 and convenient connections to I-190, I-290, and I-90. Renovation is scheduled to begin in summer 2026, with completion planned for Q3 2027; the building is intended to be ready for tenant improvements.

Key Highlights

  • Two‑story flex building undergoing planned redevelopment, including removal of most of the second floor
  • Clear heights planned to range from 21' 6" to 28' 4"
  • Clear spans listed as 55' 4" by 237' and 83' by 375"

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commonwealth Medicine Physician Cheverie James A MD Physician Hicks Thomas K ... Physician Greenwood International Insurance Insurance Agency Seagate Technology Inc Electronics & Wireless Store

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Hair Salon Spa & Massage Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28 ft
Clear height
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01545, MA

38,316
Population
15,318
Households
2.5
Avg Household Size
41
Median Age
66%
College-Educated
96%
High-School Grad
20.8 sq mi
ZIP Area
1,842
Density / Sq Mi
$136,225
Median Household Income
$74,718
Median Earnings
$2,046
Median Rent
$555,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A planned renovation will add loading docks on both sides and reconfigure the building for tenant improvements.
Where is this flex space located?
The property is located at 333 South St Shrewsbury, MA.
What are key features of this property?
This property features: Two‑story flex building undergoing planned redevelopment, including removal of most of the second floor; Clear heights planned to range from 21' 6" to 28' 4"; Clear spans listed as 55' 4" by 237' and 83' by 375"
(617) 721-6466 Call to check price and availability
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