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    Property profile & analytics
    OFF-MARKET Estimated value $4,540,000
    Warehouses

    1 New Boston Dr, Canton, MA 02021-2858

    44,695 SF 3.71 ac lot Built 2001
    Individually Owned 15-yr Hold ~ Est. High Equity
    Property ID
    US38-2192500
    Property summary
    AI-generated overview

    This exceptional 2,250 square foot industrial bay, located within the prestigious Canton Commerce Center on Route 138 in Canton, Massachusetts, presents a unique opportunity for businesses seeking a versatile and well-appointed space. Part of a larger 42,000 square foot Class A industrial building constructed in 2010, this unit offers a single-tenant occupancy within a two-story structure. The space boasts a 24-foot ceiling height, providing ample vertical clearance for various operational needs. Loading and unloading are facilitated by eight loading docks, six dock-high doors, and one drive-in door. An elevator is also available for convenient vertical transportation between floors. The unit features a modified van height loading door, ensuring efficient handling of goods. Power is readily available with ample 480V power supplemented by a step-down transformer to 120/208 3-phase power. The space is fully air-conditioned, creating a comfortable and productive work environment. The building is equipped with a fire sprinkler system and has access to sewer lines, ensuring safety and operational efficiency. The Canton Commerce Center offers convenient access to Turnpike Street and is surrounded by numerous amenities, including daycare centers and restaurants, enhancing the convenience for employees and visitors. The property sits on three acres of land. This property is perfect for a variety of industrial, manufacturing, distribution, warehouse, or R&D uses.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2001
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 44,695 SF
    Lot 3.71 ac (161,608 SF)
    Zoning code LI
    APN CANT M:89 P:29
    UPID US38-2192500
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • KONE Elevators & Escalators of Boston General Contractor Construction Company
    • A Prime Handling Inc Material Handling Equipment Supplier
    • MSR Laboratories Laboratory
    • Gravity Financial LLC Accounting Firm Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.85M
    Blend (final) Blend
    $4.54M
    Owner & transaction history
    Stephen Berish · 15 yrs held
    Stephen Berish
    since 2010
    7 recorded transactions
    2010
    $3.4M
    2003
    2002
    2002
    2002
    2001
    2000
    Zoning & alternative use
    LI · Canton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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