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Industrial Redevelopment Complex

85 South St, Warren, MA 01083

For Sale
$3,800,000

Multi-building warehouse complex offers redevelopment flexibility with existing condominium conversion planning and overlay zoning.

Property Size592,000 SF
Lot Size99.00 Acres
Price / SF$6.42
Days on Market159

Property Features for 85 South St

General Information

Standard status Active
Size 592,000 SF
Lot size 99.00 Acres
Property subtype Commercial
Zoning Mill Conversion Overlay District (MCOD)

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $29,944

Building Details

Building Size 592,000 SF
Year Built 1880
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License MA #9575704
Source: Classifiedrealtygroup
Added: Jun 5 Changed: Oct 26 Last Checked: Nov 8 at 2:57AM

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 Pioneer CRE

Rey
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Investment Insights

Based on property information with market context.

The Wrights Mill Complex is an industrial redevelopment property made up of 15 building sections across 6 separate parcels, totaling approximately 592,000 gross SF on approximately 99 acres. The site features a mix of multi-story structures and more modern single-story industrial outbuildings, along with a detached residential dwelling. Condominium conversion plans have been created, and a feasibility study for hydroelectric refurbishment is available, supporting a range of redevelopment approaches.

Located in West Warren village on the Quaboag River, the property sits directly off MA Route 67. It is approximately 12 minutes from the Palmer MA Turnpike interchange and positioned centrally between Springfield and Worcester. The zoning is identified as a Mill Conversion Overlay District (MCOD). Many of the buildings are described as being in good overall condition.

For buyers and development partners, the MCOD zoning and prepared conversion materials may align with multi-tenant commercial, industrial, institutional, residential, or mixed-use redevelopment concepts. With a substantial existing building footprint and multiple parcel configuration, the property can support phased planning and adaptive reuse strategies for a variety of tenant and operator needs.

Key Highlights

  • Wrights Mill Complex includes 15 building sections across 6 separate parcels, totaling approx. 592,000 gross SF and 99 acres
  • Condominium conversion plans have been created for the complex
  • Feasibility study for hydroelectric refurbishment is available

Property Analytics

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

Current Use

Manufacturing properties

Suggested Use

Top Pick Dental Office Daycare Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 01083, MA

2,549
Population
1,171
Households
2.2
Avg Household Size
43
Median Age
38%
College-Educated
92%
High-School Grad
12.8 sq mi
ZIP Area
199
Density / Sq Mi
$92,558
Median Household Income
$46,289
Median Earnings
$375,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Manufacturing properties in Worcester County, MA

$119 Jul
$151 Aug
$106 Sep
$93.04 Oct

Properties on Market for Manufacturing properties in Worcester County

Jul
Aug
Sep
Oct

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?
Manufacturing property - Multi-building warehouse complex offers redevelopment flexibility with existing condominium conversion planning and overlay zoning.
Where is this manufacturing property located?
The property is located at 85 South St Warren, MA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Wrights Mill Complex includes 15 building sections across 6 separate parcels, totaling approx. 592,000 gross SF and 99 acres; Condominium conversion plans have been created for the complex; Feasibility study for hydroelectric refurbishment is available
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