151 Harrison St Athol, MA 01331-2744
- Manufacturing properties
- 52,260 SF
- 3.03 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 151 Harrison St
- Year built
- 1890
- Lot size
- 3.03 lot acres
- Property size
- 52,260 SF
- Property type
- Manufacturing properties
- APN
- ATHO M:00029 B:00013 L:00000
- APU
- ATHOM00029B00013L00000
Description
This exceptional 110,000-square-foot industrial property in Athol, Massachusetts, presents a compelling investment opportunity. Situated on a 3.62-acre lot, this single-story, 1972-built building offers versatile flex space ideal for manufacturing, warehousing, or light industrial uses. The property boasts seven loading docks, ten dock-high doors, and a 13-foot ceiling height, complemented by ample parking for 30 vehicles, suitable for tractor-trailers or RVs. The building includes 10,000 square feet of office space equipped with a kitchen, waiting area, and conference room. High-capacity 600-volt, 3-phase power is available throughout. Zoned for general commercial use, this property benefits from its strategic location in downtown Athol, offering convenient access to US Route 202, Massachusetts Route 2, and Interstates 91 and 495, placing it within a 90-minute drive of Boston Logan International Airport. The property's proximity to a robust workforce of over 48,000 and a thriving local manufacturing sector further enhances its appeal. This vacant property is ready for immediate occupancy, making it an ideal owner-user opportunity or a strategic investment for leasing. Nearby amenities include various retailers and restaurants. The property's low tax rates and minimal net expenses contribute to its strong investment potential. The property's APN is ATHO-000029-000001, ATHO-000029-0000013.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $485,000
- 6.5%
- $465,000
- 7%
- $475,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $490,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $540,000
- Mixed-Use
- $515,000
- Hospitality
- $525,000
- Educational
- $510,000
- Residential Income
- $575,000
- Energy
- $445,000
- Income-Based Land
- $560,000
- Food Service
- $575,000
Location Insight
- Map
- Local Demand
- City
- Athol
- County
- Worcester
- State
- Massachusetts
- Longitude
- -72.2361
- Latitude
- 42.5893
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
