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    50 Howe Ave Millbury, MA 01527

    Sponsored
    For Lease
    $9 SF/Yr

    Millbury, MA warehouse space available

    Lot size:
    258,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Millbury, MA industrial property, Howe Avenue Industrial Park, offers a variety of warehouse and distribution spaces totaling 258,100 square feet. Three buildings are available, with spaces ranging from a minimum of 4,500 square feet to a maximum contiguous space of 40,000 square feet. Building R, recently renovated (July 2024), boasts approximately 40,000 square feet (subdividable to approximately 20,000 square feet), featuring column-free space with approximately 20-30 foot ceiling heights, brand new LED lighting, electrical service, windows, and bathrooms. It includes three exterior and one interior tailboard height loading docks, plus two drive-in doors, and outdoor yard space. Building J offers approximately 27,500 square feet of column-free space with approximately 18-foot clear ceiling heights, two tailboard height loading docks, and access to one drive-in door. Potential for warehouse racking is available. Building D provides approximately 4,500 square feet with 30-foot clear ceiling heights and column-free space, sharing a loading dock. Additionally, approximately 1,200 square feet of office space and two 2,500 square foot Quonset huts are available. The property is zoned Industrial-1 and located in Worcester County, offering convenient access to Routes 20, 146, the Mass Pike, and I-290. The well-maintained property benefits from on-site landlord management, making it ideal for warehouse, distribution, manufacturing, or other industrial users seeking easy highway access and a secure environment.

    Property Features for 50 Howe Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    258,100 SF
    Total Rate
    204329.17

    Unit(s) available at that property

    Space
    Building J
    Size
    27,500 SF
    Space
    Building D
    Size
    4,500 SF
    Rate per SF
    $9
    Space
    Building R
    Size
    40,000 SF
    Rate per SF
    $9

    HighLights

    • 258,100 square foot industrial warehouse/distribution facility in Worcester County.
    • Multiple tenants, with 72,000 square feet currently vacant.
    • Divisible spaces ranging from 4,500 to 40,000 contiguous square feet.
    • Features include ceiling heights of ±20' to 30', 6 loading docks, and 3 drive‑in doors.
    • Zoned Industrial‑1, with convenient access to major highways (Route 20, Route 146, Mass Pike, and I‑290).
    Property Profile Location Intelligence

    Current Use by Public Records

    Greenwood Industries Inc Gutter Cleaning Service Insight Pest Solutions ... Pest Control Service A & A Office Installations Inc Office Furniture Store Tripoint Technical Services Laboratory Stellar Industries Corporation Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Millbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7570269
    Latitude
    42.197742

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    FAQs

    What type of property is this?
    Distribution property - Millbury, MA warehouse space available
    Where is this distribution property located?
    The property is located at 50 Howe Ave Millbury, MA.
    What is the lease rate?
    The lease rate is $0.00-$9 SF/Yr.
    What are key features of this property?
    This property features: 258,100 square foot industrial warehouse/distribution facility in Worcester County.; Multiple tenants, with 72,000 square feet currently vacant.; Divisible spaces ranging from 4,500 to 40,000 contiguous square feet.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 Howe Ave Millbury, MA 01527
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