50 Howe Ave, Millbury, MA 01527-3264
This exceptional Millbury, MA industrial property, Howe Avenue Industrial Park, offers a variety of warehouse and distribution spaces totaling 258,100 square feet. Three buildings are available, with spaces ranging from a minimum of 4,500 square feet to a maximum contiguous space of 40,000 square feet. Building R, recently renovated (July 2024), boasts approximately 40,000 square feet (subdividable to approximately 20,000 square feet), featuring column-free space with approximately 20-30 foot ceiling heights, brand new LED lighting, electrical service, windows, and bathrooms. It includes three exterior and one interior tailboard height loading docks, plus two drive-in doors, and outdoor yard space. Building J offers approximately 27,500 square feet of column-free space with approximately 18-foot clear ceiling heights, two tailboard height loading docks, and access to one drive-in door. Potential for warehouse racking is available. Building D provides approximately 4,500 square feet with 30-foot clear ceiling heights and column-free space, sharing a loading dock. Additionally, approximately 1,200 square feet of office space and two 2,500 square foot Quonset huts are available. The property is zoned Industrial-1 and located in Worcester County, offering convenient access to Routes 20, 146, the Mass Pike, and I-290. The well-maintained property benefits from on-site landlord management, making it ideal for warehouse, distribution, manufacturing, or other industrial users seeking easy highway access and a secure environment.
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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
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Millbury, MAMillbury. 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.