269 Mechanic St Marlborough, MA 01752-4423
This Marlborough, MA industrial property at 269 Mechanic Street offers a unique opportunity for manufacturing businesses. The 22,000 square foot building features multiple tenancies, with spaces available ranging from a minimum of 5,000 square feet to a maximum contiguous space of 7,500 square feet. The property boasts a recently installed new membrane roof and new HVAC systems, although these are not included in the $1.2 million sale price. Two additional new heating systems are also not included in the asking price and would likely need to be replaced for redevelopment purposes. The property previously had an agreement for townhouse redevelopment, and while zoning has changed to RB, full development plan approval is pending. The property is available for lease or lease with an option to purchase. An estimated 30 parking spaces are available on-site. Detailed plans from the previous redevelopment attempt are available for review. The property is located in Marlborough, MA, zip code 01752.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.