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    Property profile & analytics
    OFF-MARKET Estimated value $4,735,000
    Industrial properties

    660 Main St, Sturbridge, MA 01518-1259

    68,898 SF 49.02 ac lot Built 1966
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US38-1155260
    Property summary
    AI-generated overview

    This exceptional 68,898 square foot office and industrial property, situated on 55.73 acres in Sturbridge, MA (zip code 01518), presents a significant opportunity. The single-story building, constructed in 1966, features a traditional office layout with multiple tenancies. Currently, a portion of the space is occupied by a tenant specializing in order fulfillment and distribution. Approximately 10,000 square feet of office space is available, including a reception area conveniently located off the main entrance. The warehouse area boasts a comprehensive sprinkler system, updated lighting, heating, and a modern fire annunciation system, ensuring safety and efficiency. Ample parking is provided with capacity for over 200 vehicles, and on-site tractor-trailer storage is also available. The property is located in Worcester County and offers flexible space options ranging from 20,000 to 60,000 square feet, making it ideal for a variety of businesses. This property offers a unique blend of office and industrial space, providing a versatile solution for companies seeking a substantial footprint in a convenient location. The existing tenant's operations highlight the suitability of the space for logistics and distribution-focused businesses. The substantial land area offers potential for future expansion or development. This is a rare opportunity to acquire a well-maintained, sizable property in a desirable location. The property includes 100 designated parking spaces.

    Property profile
    Verified
    Property type Industrial properties
    Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
    Year built 1966
    Construction STEEL FRAME
    Total area 68,898 SF
    Lot 49.02 ac (2,135,311 SF)
    APN STUR M:415 B:000 L:2335-660
    UPID US38-1155260
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.06M
    Blend (final) Blend
    $4.74M
    Owner & transaction history
    Old Road Realty LLC · 18 yrs held
    Old Road Realty LLC
    since 2007
    5 recorded transactions
    2023
    2008
    2008
    2007
    $1.0M
    2004
    $500,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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