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Investment Highlights

  • Investors and owner/users can maximize the potential of this turnkey, USDA- and FDA-certified food processing and distribution facility.
  • Surrounded by an abundance of retailers and restaurants, including Dunkin’, CVS, Louie's Pizza Restaurant, AutoZone, and many more.
  • Woburn boasts top-notch area demographics with average incomes exceeding $150,000 and over 170,000 employees within 5 miles.
  • Positioned in Woburn, a suburb of Boston, near major roadways like Interstates 93 and 28, and Routes 2 and 3, allowing for efficient logistics.
  • 16 Conn Street provides outstanding loading facilities, ample parking, and comprehensive zoning accommodating a wide range of business types.

Executive Summary

Investors and owner/users need to look no further than 16 Conn Street for their next opportunity in Woburn, Massachusetts.

16 Conn Street offers a rare chance for investors and owner/users to acquire a vacant, state-of-the-art USDA- and FDA-certified food processing and distribution facility. Delivered vacant at closing, the property is ready for immediate occupancy, enabling new businesses to launch their operations without delay. Spanning a generous 4.05 acres, this 53,319-square-foot, single-story brick-and-masonry facility has been meticulously maintained and purpose-built for the processing, storage, and distribution of meat, seafood, produce, and dry goods. Ceiling heights range from 13 feet, 10 inches to 18 feet, 4 inches. Modern integrated refrigeration, ventilation, and climate control systems underscore the property's operational excellence, while non-affixed FF&E is excluded for flexibility. Although a portion of the site is subject to a recorded MassDEP Activity and Use Limitation (AUL), this restriction does not impact daily operations, ensuring uninterrupted use in a strategic industrial corridor north of Boston. The property benefits from both broad I-G and R2 zoning, offering a wide array of industrial, manufacturing, commercial, and residential development options. This is an outstanding opportunity for those seeking high-performance space in a prime location.

Woburn offers savvy investors an ideal business location. As a Boston suburb, it enjoys access to major city amenities while maintaining a small-town atmosphere. Its strategic position at the intersection of Interstate 95 (Route 128) and Interstate 93, only 9 miles from Downtown Boston, provides high-performing, infill, and transit-accessible sites with lower taxes than nearby communities, plus a business-friendly climate. Rapid transit connections to New Hampshire and Boston Logan International Airport make travel efficient. Employees benefit from quick commutes thanks to highly accessible roadways. The property is also surrounded by numerous retailers and restaurants, enhancing its appeal.

As part of the Boston MSA, this location benefits from Boston’s status as New England’s principal hub. The city features world-class institutions in education, healthcare, biotechnology, and finance. The region is well-positioned for continued growth, with over 52% of residents holding a bachelor's degree, which is among the nation's highest. Major employers include Massachusetts General Hospital, Fidelity Investments, State Street Corporation, GE, Vertex Pharmaceuticals, and Gillette (P&G), spanning healthcare, finance, biotechnology, education, and advanced technology.

Property tours are available by appointment only. Please contact the listing broker to schedule.

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Boston - MA USA

Market Cap Rate

Boston - MA USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment
Sale Conditions
Auction Sale
  • High Vacancy Property
Type of Ownership Fee Simple
Property Type Industrial
Property Subtype
Food Processing
  • Industrial Refrigeration ColdStorage
Building Class C
Lot Size 4.15 AC
Rentable Building Area 53,319 SF
No. Stories 1
Year Built 1955
Tenancy Single
Parking Ratio 1.31/1,000 SF
Clear Ceiling Height 18’4”
No. Dock-High Doors/Loading 10
No. Drive In / Grade-Level Doors 3
Zoning I-G & R-2 - Industrial & Residential
Parcel Number WOBU-000059-000027-000008

Amenities

  • Storage Space

Utilities

  • Lighting
  • Water
  • Sewer
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
Boston
694,583
13
0 h 22 m
New York
8,398,748
221
4 h 51 m
Philadelphia
1,584,138
308
6 h 26 m
Baltimore
602,495
407
8 h 20 m
Washington
702,455
442
9 h 7 m
Virginia Beach
450,189
566
12 h 2 m
Access and Labor Force
10 Miles
Total Population
1,510,970
Total Labor Force
893,915
Unemployment Rate
3.88%
Median Household Income
$117,366
Warehouse Employees
93,598
High School Education Or Higher
92.50%

Sale Advisor

Sale Advisor

Jeremy Cyrier, President & Commercial Real Estate Advisor
Jeremy helps commercial real estate owners find the right buyer so they can close with confidence.

When Jeremy founded MANSARD on November 1, 2007, he chose a terrible time to open a new office.

Bear Stearns failed, the credit crisis unfolded, and the phone stopped ringing. Throughout this challenging time, Jeremy went deep with his clients, providing buyer, seller, tenant, landlord, and advisory services in the greater 128/93 interchange market north of Boston.

As the company waded through the great recession, he noticed that his clients wanted peace. They deserved to feel confident about decisions in any market environment. They wanted to know when to sell, hold, or buy. They wanted deals that performed and turned into profitable portfolios.

When there is a lot of money on the line, mistakes can cost millions.

That’s why Jeremy developed MANSARD’s process to reveal opportunities in portfolios through all stages of the market, leveraging specialized expertise, clever positioning, local market knowledge, and smart negotiation.

He’s an expert in helping commercial real estate owners find the right buyer so they can close with confidence.

That’s why experienced investors keep choosing MANSARD, deal after deal. In 2021, MANSARD became one of the largest selling commercial real estate brokerages in Massachusetts.

Outside of MANSARD, Jeremy teaches commercial real estate finance and market analysis for the CCIM Institute throughout the United States. Since 2008, he has trained members of some of the country’s top commercial real estate brokerage firms, Fortune 100 companies, and the General Services Administration. His work has been discussed in the New England Real Estate Journal, Banker & Tradesman, Boston Business Journal, CIRE Magazine, and featured in Commercial Shift by Buddy Norman.

Jeremy is an active participant in the Fellowship of Companies for Christ International.

Jeremy speaks French and German, traveled throughout Europe, Africa, and the Middle East, and participated in the Chicago Marathon, Blazing Saddles Century, and Mt. Washington Century. In Andover, MA, he lives with his wife Gia and four beautiful children, Natalia, Georgio, Valentina, and Giancarlo.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More

Auction Contact

Victoria Quade
Auctioneer License: Ten-X, LLC Arlene Richardson RE Brkr 423761-RE-LC
  • Listing ID: 38226625

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: 16 Conn St, Woburn, MA 01801

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000

Contact the Sale Advisor

Food Processing & Cold Storage | Boston MSA | 16 Conn St

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