269 Mechanic St, Marlborough, MA 01752-4423
- Warehouses
- 14,772 SF
- 0.75 lot acres
Current Use by Public Records
- Warehouses
Property Details for 269 Mechanic St
- Year built
- 1917
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.75 lot acres
- Property type
- Warehouses
- APN
- MARL M:056 B:125 L:000
- APU
- MARLM056B125L000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 28, 2025 | $1,050,000 | Vma Mechanic St LLC | Octo48 LLC | Deed | $940k · Main Street Bank (ma) |
| Sep 7, 2023 | — | Octo48 LLC | — | Deed · related | $828k · Main Street Bank (ma) |
| May 18, 2022 | $750,000 | Octo 48 LLC | Carmi Greb LLC | Quit Claim Arm's Length For Ne States | $400k · Carmi Greb LLC |
| Aug 23, 2011 | — | Carmi Greb LLC | — | Deed Of Trust · related | $720k · Spencer Savings Bank Sla |
| May 23, 2008 | $900,000 | Carmi Greb LLC | Assabet Storage INC | Grant Deed | $720k · Strata Bank |
| Dec 3, 2004 | — | Assabet Storage INC | — | Deed Of Trust · related | $455k · Marlborough Savings Bank |
| Feb 3, 2003 | — | Assabet Storage INC | — | Deed Of Trust · related | $75k · Bay State Federal Savings Bank |
| May 1, 2001 | $400,000 | Assabet Storage INC | Lincoln RT | Grant Deed | $375k · Bay State Federal Savings Bank |
| Jun 20, 1995 | — | Lincoln RT | — | Deed Of Trust · related | $350k · Hudson National Bank |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $645,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,132,000
Market price range: $938k - $3.32M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Marlborough
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.559
- Latitude
- 42.3535
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
