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120 Goddard Memorial Dr 42,725 SF 4% Leased Industrial Building Worcester, MA 01603 $5,500,000 ($128.73/SF)

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EXECUTIVE SUMMARY

120 Goddard Memorial Drive presents a rare opportunity to acquire or lease a highly functional ±40,725 square foot industrial/manufacturing facility strategically positioned within the Worcester Airport Industrial Park, one of Worcester’s established industrial parks. Situated on ±3.36 acres, the property is zoned Manufacturing – Light (ML), permitting a wide range of industrial, warehouse, distribution, and production-related uses. The building is designed to accommodate both single-user occupancy and multi-tenant configurations, with two distinct areas tailored to modern industrial demand:
±12,000 SF Clear-Span Production Area:
This section offers unobstructed floor area with no interior columns, providing exceptional flexibility for manufacturing, assembly, fabrication, specialized equipment layouts, or other production-intensive uses.
±28,000 SF Class A High-Bay Warehouse & Office Component:
Featuring modern clear heights, efficient loading capabilities, and an integrated sales/office area, this premium warehouse space supports logistics, distribution, or hybrid sales/operations functions while maintaining Class A efficiency and functionality.
Together, these components create a versatile industrial building that can serve owner-users, investors, and tenants seeking scalable, high-quality industrial space in a supply-constrained Worcester County market.

PROPERTY FACTS

Price $5,500,000
Price Per SF $128.73
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 5.44 AC
Rentable Building Area 42,725 SF
No. Stories 1
Year Built 1975
Parking Ratio 0.8/1,000 SF
Clear Ceiling Height 22’
No. Dock-High Doors/Loading 3
Zoning Manufacturing-Light (ML)

AMENITIES

  • Bus Line

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 40,725 SF
  • Industrial
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 40,725 SF Industrial Full Build-Out Now

1st Floor

Size
40,725 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 40,725 SF
Space Use Industrial
Condition Full Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WORC-000056-000010-R000000
Land Assessment
$307,100
Improvements Assessment
$2,518,100
Total Assessment
$2,825,200
  • Listing ID: 38529894

  • Date on Market: 11/21/2025

  • Last Updated:

  • Address: 120 Goddard Memorial Dr, Worcester, MA 01603

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