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120 Pond St 19,420 SF Sports & Entertainment Building Offered at $2,600,000 in Ashland, MA 01721
Investment Highlights
- Delivered vacant at closing for immediate occupancy or repositioning.
- Existing grade-level drive-in loading supports operational flexibility.
- Convenient access to I-90 and the Framingham commuter rail station.
- Commercial Highway zoning supports multiple by-right commercial uses.
- Former tennis court slab offers additional site utilization potential.
Executive Summary
120 Pond Street is a ±19,420 SF commercial building on a ±3.98-acre site with over 1,000 feet of frontage on Route 126 in Ashland. Built in 1970 and operated for decades as Tri-Valley Tennis and Fitness Club before its current use as an indoor paintball facility, the building offers 12'-25' clear heights, grade-level drive-in loading, and 37 surface parking spaces. Delivered vacant at closing.
A 30,600 SF concrete slab, the former footprint of five tennis courts, provides a finished hardscape that would cost well into six figures to replicate, supporting parking, circulation, and future expansion.
The property is zoned CH (Commercial Highway) within the Pond Street Mixed Use Overlay District. By-right uses include indoor commercial recreation and health/fitness, general service establishments, veterinary clinic and kennel, childcare, religious and educational use, medical and professional office, and retail. Light manufacturing and R&D are available by special permit.
A functional building, a rare finished outdoor footprint, and prominent Route 126 frontage in a supply-constrained MetroWest submarket create an uncommon combination at this price point.
A 30,600 SF concrete slab, the former footprint of five tennis courts, provides a finished hardscape that would cost well into six figures to replicate, supporting parking, circulation, and future expansion.
The property is zoned CH (Commercial Highway) within the Pond Street Mixed Use Overlay District. By-right uses include indoor commercial recreation and health/fitness, general service establishments, veterinary clinic and kennel, childcare, religious and educational use, medical and professional office, and retail. Light manufacturing and R&D are available by special permit.
A functional building, a rare finished outdoor footprint, and prominent Route 126 frontage in a supply-constrained MetroWest submarket create an uncommon combination at this price point.
Property Facts
| Price | $2,600,000 | Lot Size | 3.98 AC |
| Price Per SF | $133.88 | Building Size | 19,420 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Zoning | CH - Commercial Highway, Pond Street Overlay District | ||
| Price | $2,600,000 |
| Price Per SF | $133.88 |
| Sale Type | Investment |
| Property Type | Sports & Entertainment |
| Building Class | C |
| Lot Size | 3.98 AC |
| Building Size | 19,420 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | CH - Commercial Highway, Pond Street Overlay District |
Amenities
- Wheelchair Accessible
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | ASHL-000022-000048 | Improvements Assessment | $670,100 |
| Land Assessment | $671,800 | Total Assessment | $1,341,900 |
Property Taxes
Parcel Number
ASHL-000022-000048
Land Assessment
$671,800
Improvements Assessment
$670,100
Total Assessment
$1,341,900
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