13 Centennial DrGrafton, MA 01536

Property Details for 13 Centennial Dr

Year built

2007

Lot size

6.01 AC

Property size (Sq ft)

14,382 SF

Zone code

OLI

Property type

Other commercial real estate

Property subtype

Showrooms

APN

GRAF M:0005 B:0000 L:0001.G

APU

GRAFM0005B0000L0001G

Description

This exceptional 15,636-square-foot flex building presents a unique owner-user opportunity in Grafton, Massachusetts. Located at 13 Centennial Drive, this vacant property sits on a generous 6.01-acre lot and offers a versatile layout ideal for a variety of businesses. The building boasts a 14-foot ceiling height, providing ample vertical space for storage or specialized equipment. The functional design includes a convenient drive-in door, well-appointed office/showroom space, a dedicated production area, and a separate shed for additional storage or workshop needs. The property is equipped with robust power infrastructure, featuring 600 amps of 480v 3-phase power, ensuring sufficient capacity for demanding operations. Heating is provided by a gas system, complemented by central air conditioning for year-round comfort. The property is zoned for Office/Light Industrial use within a Campus Development Overlay District. Its strategic location off Route 20 offers easy access to Westborough Center and the Tufts School of Veterinary Medicine, providing excellent visibility and convenient access to major transportation routes and amenities. The asking price is $2,975,000, translating to $190.27 per square foot. This represents a compelling investment opportunity for businesses seeking a functional, well-located, and spacious facility in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,495,328

  6.5%

  $3,226,457

  7%

  $2,995,996

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,735,464

  Geo Method

  $4,735,464

• Alternative Use

  Use

  Valuation

  Residential

  $2,721,637

  Hospitality

  $2,493,005

  Educational

  $2,074,151

  Medical

  $2,145,484

  Retail

  $3,226,457

Location Insight

City

North Grafton

County

Worcester

State

Massachusetts

Latitude

42.2492

Longitude

-71.6892

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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