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    OFF-MARKET
    Industrial properties

    9 Mechanic St, Ware, MA 01082-1525

    2.89 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US38-2072122
    Property summary
    AI-generated overview

    This exceptional 4.83-acre redevelopment opportunity in Ware, Massachusetts, presents a unique investment prospect. Located at 9 Mechanic Street, this property boasts two parcels totaling 19,920 square feet of existing structures, built in 1974, and zoned HC (Highway Commercial). The site's strategic location offers convenient access to Route 9 and Route 32, placing it minutes from downtown Ware amenities. Previously used as a lumber yard, the property sits adjacent to the MassCentral railroad line, providing significant logistical advantages. The existing buildings would likely require demolition, opening the door for a wide range of development possibilities under the flexible HC zoning. Permitted uses include residential, retail, hospitality, self-storage, and even a solar facility (with special permit). The asking price is $500,000, translating to $25.10 per square foot. This property offers substantial potential for investors seeking a prime redevelopment site in a desirable location. The large lot size and versatile zoning make it an ideal canvas for a variety of commercial or mixed-use projects.

    Property profile
    Verified
    Property type Industrial properties
    Use group LUMBERYARD, BUILDING MATERIALS
    Lot 2.89 ac (125,888 SF)
    Zoning code HC
    APN WARE M:00057 B:00000 L:00166
    UPID US38-2072122
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    3A REALTY CO INC
    3A REALTY CO INC
    Zoning & alternative use
    HC · Ware, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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