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Southbridge Industrial Building for Cultivation

35 Optical Drive Southbridge, MA 01550

35 Optical Drive, Southbridge, MA, 01550
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For Sale
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198,300 SF industrial building suited for marijuana cultivation and manufacturing.

Property Size198,300 SF
Price / SF$20.17
Days on Market649

Property Features for 35 Optical Drive

General Information

Standard status
Active
Size
198,300 SF
Property subtype
Industrial

Building Details

Year Built
1942
Listing agency Kelleher & Sadowsky Associates Inc
Listed by Christopher Naff · License #MA 9554247
Source Crexi
Added: Oct 11, 2024 Updated: Jul 6 at 7:43AM Checked: Jul 21 at 5:16AM

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 Associates Inc


Investment Insights

Based on property information with market context.

This 198,300 SF industrial building is ideally suited for marijuana cultivation and manufacturing. Located within the Southbridge Innovation Center, a 1.2 million square foot Industrial and Technology Park, the property benefits from advantageous zoning, park security, and the absence of residential abutters. Adult Use Marijuana is a permitted use at the Southbridge Innovation Center, subject to Special Permit and Site Plan Approval from the Town of Southbridge. The voters of the Town of Southbridge overturned the ban on adult-use marijuana in June 2019, with Town Counsel adopting the ban reversal in October 2019 and the final version of adult use marijuana zoning bylaws in November 2019. Situated on Optical Drive in Southbridge, MA, the property is located in a well-established industrial hub, near key manufacturing and distribution centers, including the Southbridge Industrial Park. The area provides strategic positioning and convenient access to major highways, making it suitable for growth and expansion in the industrial and manufacturing sectors. This location offers a supportive business environment and access to skilled labor, presenting compelling opportunities for investors seeking a robust industrial landscape.

Key Highlights

  • 198,300 SF industrial building perfectly suited for marijuana cultivation and manufacturing.
  • Adult Use Marijuana is a permitted use with Special Permit and Site Plan Approval.
  • Located in the Southbridge Innovation Center, part of a 1.2 million square foot Industrial and Technology Park.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Cannabis Properties

Suggested Use

Real Estate Agency Building Supply Furniture & Home Goods Parking Lot & Garage Dental Office HVAC Service Kitchen & Bath Showroom Storage Facility Veterinary Clinic Cafe & Coffee Shop

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

FAQs

What type of property is this?
Cannabis property - 198,300 SF industrial building suited for marijuana cultivation and manufacturing.
Where is this cannabis property located?
The property is located at 35 Optical Drive Southbridge, 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: 198,300 SF industrial building perfectly suited for marijuana cultivation and manufacturing.; Adult Use Marijuana is a permitted use with Special Permit and Site Plan Approval.; Located in the Southbridge Innovation Center, part of a 1.2 million square foot Industrial and Technology Park.
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