Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $2,960,000
    Manufacturing properties

    175 State E Rd, Westminster, MA 01473-1681

    21,895 SF 4.64 ac lot Built 1988
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US38-1485458
    Property summary
    AI-generated overview

    This exceptional 4,844-square-foot office space is ideally situated at 175 State Road East in Westminster, Massachusetts, within the vibrant Wachusett Brewery complex. Currently available for lease as a single-tenant occupancy, this move-in ready space offers a unique blend of traditional and creative office environments, perfect for executive offices or a variety of business needs. The property boasts a desirable 3:1 ratio of private to open office areas, providing ample space for both individual work and collaborative projects. Specific features include several private offices, a sizable open workspace, one or two conference rooms, a convenient kitchenette, a dedicated copier room, and a support area. The space benefits from a modified gross lease at a base rental rate of $21.50 per square foot, with a minimum three-year lease term preferred at five years. Located just two minutes from Route 2, on the Westminster-Fitchburg town line, the property offers abundant parking directly adjacent to the entrance. The surrounding complex includes the brewery itself, the Brew Yard (featuring live music and a fresh pint bar), and brewery tours, creating a dynamic and engaging atmosphere. This property presents a rare opportunity to establish a presence in a thriving and unique location. The Worcester County address and 01473 zip code provide easy access to regional transportation networks.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1988
    Construction STEEL FRAME
    Total area 21,895 SF
    Lot 4.64 ac (202,119 SF)
    APN WMIN M:76 B: L:23
    UPID US38-1485458
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.96M
    CAP Approach CAP
    $3.08M
    Comparable Approach Comparable
    $2.41M
    Blend (final) Blend
    $2.96M
    Owner & transaction history
    Fkb Re Holdings LLC · 2 yrs held
    Fkb Re Holdings LLC
    since 2024
    Last sale
    $3.0M
    7 recorded transactions
    2024
    $3.0M
    2023
    2020
    2016
    $1.4M
    1994
    1994
    $500,000
    1992
    $425,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $4.1M +135.6%
    Retail stores $3.4M +96.0%
    Auto repair, garage $3.4M +91.7%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 175 State E Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message