9 Mechanic St, Ware, MA 01082-1525
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.
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
HC · Ware, MAWare. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.