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144 Sturbridge Rd 20,000 SF Industrial Building Charlton, MA 01507 $2,480,000 ($124/SF)
Executive Summary
144 Sturbridge Road, Charlton presents a compelling opportunity to acquire a 20,000 square foot masonry block warehouse building with both in-place income and immediate value-add potential. The property features approximately 16,000 square feet of vacant warehouse space, ideal for an owner-user, investor, or tenant seeking flexible industrial space in a supply-constrained Central Massachusetts market.
The remaining 4,000 square feet is leased to an established cannabis retail operator, providing stable income and helping offset carrying costs.
Constructed of masonry block, the building offers a functional layout suitable for a variety of industrial, storage, or light manufacturing uses. The vacant portion provides significant upside through lease-up or owner occupancy, while the existing tenancy adds an attractive investment component.
Strategically located along Route 20 with convenient access to I-90 (Mass Pike) and other major regional corridors, the property benefits from strong connectivity to Worcester, Springfield, and the broader Central New England market.
The remaining 4,000 square feet is leased to an established cannabis retail operator, providing stable income and helping offset carrying costs.
Constructed of masonry block, the building offers a functional layout suitable for a variety of industrial, storage, or light manufacturing uses. The vacant portion provides significant upside through lease-up or owner occupancy, while the existing tenancy adds an attractive investment component.
Strategically located along Route 20 with convenient access to I-90 (Mass Pike) and other major regional corridors, the property benefits from strong connectivity to Worcester, Springfield, and the broader Central New England market.
Property Facts
Amenities
- Controlled Access
- Security System
- Signage
Utilities
- Lighting - Fluorescent
- Gas - Propane
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Pettals Cannabis
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Pettals Cannabis | Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
+/- 16,000 Sq Ft Available for lease (subdividable) Warehouse/Distribution Space Two loading docks (10x10ft) One 14x12 ft drive in door Power: 3 - Phase 480 V Wet Sprinkler System Column Spacing: 33'x33' Zoning: IND
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,000-16,000 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 5,000-16,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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1st Floor
| Size | 5,000-16,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
+/- 16,000 Sq Ft Available for lease (subdividable) Warehouse/Distribution Space Two loading docks (10x10ft) One 14x12 ft drive in door Power: 3 - Phase 480 V Wet Sprinkler System Column Spacing: 33'x33' Zoning: IND
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | CHAR-000030-C000000-000013 | Improvements Assessment | $1,336,100 |
| Land Assessment | $296,200 | Total Assessment | $1,632,300 |
Property Taxes
Parcel Number
CHAR-000030-C000000-000013
Land Assessment
$296,200
Improvements Assessment
$1,336,100
Total Assessment
$1,632,300
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144 Sturbridge Rd
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