365 Main St Townsend, MA 01469
- Manufacturing properties
- 48,420 SF
- 6.20 lot acres
Current Use by Public Records
- Unlimited Displays / Display Stand Manufacturer
Property Details for 365 Main St
- Year built
- 1950
- Construction
- STEEL FRAME
- Lot size
- 6.20 lot acres
- Property size
- 48,420 SF
- Zone code
- ID
- Property type
- Manufacturing properties
- APN
- TOWN M:0018 B:0007 L:0000
- APU
- TOWNM0018B0007L0000
Description
This exceptional 29,670-square-foot industrial property, located at 365 Main Street in Townsend, Massachusetts, presents a unique investment opportunity. The single-tenant building offers a versatile space suitable for manufacturing, warehousing, or distribution operations. Its strategic location in the heart of Townsend provides easy access to both eastern and western Massachusetts. Situated directly off Route 119, the property enjoys convenient proximity to Route 2, ensuring seamless transportation and logistics. The 01469 zip code offers a strong logistical advantage for businesses needing efficient access to major transportation arteries. The building's substantial size allows for ample space for operations, storage, and potential expansion. This property is ideal for businesses seeking a central Massachusetts location with excellent highway access and a substantial footprint for their operations. The property is classified as industrial, with subtypes including manufacturing, warehouse, and distribution, making it suitable for a wide range of industrial uses. Its single-tenant occupancy simplifies management and provides a stable income stream for investors. The property's precise geographic coordinates are 42.6747554 latitude and -71.6792008 longitude. This prime location and substantial square footage make this an attractive proposition for businesses seeking a strategic foothold in the Massachusetts market. Serious inquiries are encouraged to explore this exceptional opportunity further.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,730,000
- 6.5%
- $1,670,000
- 7%
- $1,860,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,575,000
- Geo Method
- $1,680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,005,000
- Retail
- $1,735,000
- Mixed-Use
- $1,925,000
- Hospitality
- $1,970,000
- Educational
- $1,720,000
- Residential Income
- $1,855,000
- Energy
- $1,455,000
- Income-Based Land
- $1,895,000
- Food Service
- $1,980,000
Location Insight
- Map
- Local Demand
- City
- Townsend
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.7269
- Latitude
- 42.6749
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
