6 Main St, Ware, MA 01082-1355
This exceptional 1.1 million dollar property presents a unique investment opportunity in Ware, MA. Situated on a sizable 1.53-acre lot at 6 East Main Street, this substantial three-story mill building is the largest in town, boasting a prominent location in the Millyard Historic District on busy Route 32. The building offers a versatile blend of warehouse, manufacturing, and office space, making it suitable for a variety of commercial uses. The property includes ample parking. The current owner-occupant is in the process of vacating, providing immediate access for the new owner. Recent renovations and improvements have been undertaken, enhancing the property's value and functionality. Its location within an Opportunity Zone offers significant tax advantages. Conveniently located just nine miles from the Palmer Mass Pike interchange and a short 30-minute drive to UMASS Amherst, this property benefits from excellent accessibility and proximity to regional amenities and a major university. The MY (Mill Yard) zoning designation allows for a diverse range of uses, including high-density multi-family residential, commercial, institutional, and light industrial applications, as outlined in the town's bylaw. This presents a rare chance to acquire a landmark property with substantial redevelopment potential in a thriving community. The building's size and location offer significant upside for a forward-thinking investor or developer.
-
G&G Medical Products LLC. Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
MY · Ware, MAWare. 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.