Wrights Mill Redevelopment
85 South St, Warren, MA 01092
592,000 SF complex on 99 acres for sale.
Type:Industrial, Land, Mixed Use, Office
Property size:
592,000 SFLot size:
99.00 AcresPrice / SF:
$9/SF- Added:
- Feb 23, 2024
- Days on Market:
- 815
- Last Refresh:
- Mar 16 at 12:59 pm
Property Features for 85 South St
General Information
- Standard status
- Active
- Size
- 592,000 SF
- Lot size
- 99.00 Acres
- Property subtype
- Industrial, Land, Mixed Use, Office
Building Details
- Year Built
- 1880
Listing agent Paul Bongiorni License #REB.0793882
Listing office Pioneer CRE (413) 459-0570
Listing date Feb 23, 2024
Source Crexi
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
HighLights
- Massive Redevelopment Opportunity: 592,000 sq ft across 99 acres with condominium conversion plans.
- Strategic Location: Directly off MA Rt. 67, near the Palmer MA Turnpike, centrally located between Springfield and Worcester.
- Flexible Zoning: Zoned MCOD allowing for residential, commercial, industrial, institutional, or mixed‑use development.
- Redevelopment Incentives: Potential access to historic tax credits, grants, and other redevelopment incentives.
- Hydroelectric Potential: Feasibility study available for hydroelectric refurbishment.
- Existing Infrastructure: Many buildings in good condition with a mix of multi‑story and single‑story structures, plus ample parking and adjacency to the Boston Subdivision railroad line.
Overview
This is an incredible redevelopment opportunity available in Worcester County. The Wrights Mill Complex comprises 15 building sections across 6 separate parcels, totaling approximately 592,000 gross square feet and 99 acres. Condominium conversion plans have been created. A feasibility study for hydroelectric refurbishment is available. Situated in the West Warren village on the Quaboag River, the complex is surrounded by scenic views of the 15-town Quaboag Valley region. It is conveniently located directly off of MA Rt. 67, approximately 12 minutes from the Palmer MA Turnpike interchange, in a centralized location between the cities of Springfield and Worcester. The property is adjacent to the Boston Subdivision railroad line and offers ample parking on site. Many buildings are in good overall condition, with a mix of multi-story structures and more modern single-story industrial outbuildings, as well as a detached residential dwelling. The zoning is Mill Conversion Overlay District (MCOD). Numerous usage possibilities including residential, multi-tenant commercial, industrial, institutional, or a mixed-use campus. Historic tax credits, grants, and other redevelopment incentives are potentially available via state and local agencies. A third-party master recovery/reuse plan has been initiated by the town, and the current findings (including a Phase 1 environmental report) are available online.
Location Intelligence
Current Use by Public Records
Mixed-use properties
Map
- City
- Warren
- County
- Worcester
- State
- Massachusetts
- Longitude
- -72.2038
- Latitude
- 42.2001
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 592,000 SF complex on 99 acres for sale.
Where is this mixed-use property located?
The property is located at 85 South St Warren, MA.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Massive Redevelopment Opportunity: 592,000 sq ft across 99 acres with condominium conversion plans.; Strategic Location: Directly off MA Rt. 67, near the Palmer MA Turnpike, centrally located between Springfield and Worcester.; Flexible Zoning: Zoned MCOD allowing for residential, commercial, industrial, institutional, or mixed‑use development.
