2 Condon Way, Hopedale, MA 01747
This exceptional 16,000-square-foot Class A flex/warehouse building in Hopedale, Massachusetts, presents a unique opportunity for businesses seeking a modern and efficient space. Located at 2 Condon Way, this single-tenant property sits on 1.62 acres and offers a versatile layout ideal for various industrial uses. Built in 2024, the building features a 16- to 17-foot ceiling height, providing ample vertical space for storage and operations. Six dock-high doors ensure efficient loading and unloading, complemented by 26 total parking spaces for employees and visitors. The property boasts a robust 400-amp electrical service (120/208v 3-Phase), supporting demanding operational needs. Its strategic location at the entrance to a light industrial park, just off Route 140, provides exceptional accessibility. Minutes from Route 495 and equidistant to Interstates 90 and 95, this property offers seamless connectivity to major transportation arteries and key markets throughout New England. The surrounding area is experiencing significant growth, with established businesses like Sodexo, Braun's Express, and Precision Stability Storage Pharma Company nearby, indicating a thriving industrial sector. This property is perfectly positioned to capitalize on the Hopedale market's untapped potential, making it an ideal location for businesses seeking to establish or expand their operations in the region. The entire 16,000 square feet is currently vacant and ready for immediate occupancy. The property is located in Worcester County, MA, zip code 01747.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
LI · Hopedale, MAHopedale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.