14 New Bond St, Worcester, MA 01606
- Manufacturing properties
- 260,043 SF
- 15.23 lot acres
Current Use by Public Records
- Central MA Prep / Special Education Facility
- Central Mass Collaborative / Special Education Facility
- Robert H Goddard Academy / High School
- Academic Center for Transition / High School
- Hartwell Learning Center / High School
Property Details for 14 New Bond St
- Year built
- 1901
- Construction
- STEEL FRAME
- Lot size
- 15.23 lot acres
- Zone code
- MG-1
- Property type
- Manufacturing properties
- APN
- WORC M:37 B:002 L:00001
- APU
- WORCM37B002L00001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 30, 2019 | — | 10-14 Liberty New Bnd LLC | Liberty New Bond LLC | Quit Claim Deed · related | — |
| Oct 21, 2016 | — | Liberty New Bond LLC | — | Deed · related | $18.5M · Country Bank |
| Apr 15, 2005 | — | Liberty Ma Portfolio LLC | — | Deed Of Trust · related | $52.7M · Worth Funding INC |
| Mar 8, 2005 | $1 | Liberty Ma Portfolio LLC | Worcester New Bond Corp | Grant Deed | — |
| Mar 8, 2005 | — | Liberty Ma Portfolio LLC | — | Deed Of Trust · related | $52.3M · Worth Funding INC |
| Oct 31, 2000 | — | New Bond II LLC | — | Deed Of Trust · related | $688k · Flagship Bank & Trust |
| Aug 30, 1999 | — | Worcester New Bond LLC | — | Deed Of Trust · related | $7.4M · Worth Funding INC |
| Aug 12, 1998 | — | New Bond LLC | — | Deed Of Trust · related | $2M · Flagship Bank & Trust |
| Apr 8, 1998 | — | New Bond LLC | — | Deed Of Trust · related | $2.8M · Gary Needham |
| Mar 31, 1998 | — | New Bond LLC | — | Deed Of Trust · related | $2.8M · Gary Needham |
| Oct 24, 1997 | $1,000,000 | New Bond LLC | Cincinnati Milacron | Grant Deed | $1.8M · Gary Needham |
Description
This exceptional industrial property, located at 14 New Bond Street in Worcester, Massachusetts, offers 272,600 square feet of versatile space ideal for manufacturing and warehousing operations. The property consists of four suites, with a minimum divisible space of 28,800 square feet and a maximum contiguous space of 125,000 square feet. Currently, the entire 272,600 square feet is vacant, presenting a unique opportunity for a single large tenant or multiple smaller tenants. The building, constructed in 1901, is classified as Class C and features ceiling heights ranging from 14 to 24 feet, providing ample vertical space for various industrial uses. Situated on a substantial 15.23-acre lot, the property boasts ample parking and outdoor storage areas. Its strategic location offers easy access to major transportation arteries, including Route 12, and is within a half-mile of Route 190 and Route 290, ensuring efficient logistics and distribution. The property is zoned MG-1 within Worcester County, and the zip code is 01606. This property represents a significant opportunity for businesses seeking substantial industrial space in a prime Worcester location. Contact us today to learn more about leasing options and explore the potential of this exceptional property.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $22,201,000
Market price range: $10.2M - $33.3M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $23,800,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $31,200,000 Change: +31% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $28,600,000 Change: +20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8023
- Latitude
- 42.3074
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA