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21-35 Pearl St 58,000 SF Vacant Industrial Building Webster, MA 01570 $2,500,000 ($43.10/SF)
Executive Summary
21–35 Pearl Street presents a compelling value-add and redevelopment opportunity in Webster, Massachusetts, combining a 57,414 SF historic New England mill with 5.10 acres of adjoining developable industrial land for a total of 7.28 acres. The three-story masonry building offers expansive floor plates, abundant natural light, freight elevator service, multiple overhead doors and at-grade drive-in access.
Zoned Industrial (IND) and located approximately one mile from I-395, the property offers flexibility for multi-tenant flex/industrial, contractor and trade space, owner-user occupancy, storage, manufacturing, or adaptive reuse. The adjoining 35 Pearl Street parcel provides additional potential for outdoor storage, fleet/yard use, expansion or future development, subject to approvals and ongoing environmental remediation.
Offered at $2,500,000 ($43.54/SF), the property provides an attractive basis for investors, developers and owner-users seeking scale, flexibility and significant repositioning potential in Southern Worcester County.
Zoned Industrial (IND) and located approximately one mile from I-395, the property offers flexibility for multi-tenant flex/industrial, contractor and trade space, owner-user occupancy, storage, manufacturing, or adaptive reuse. The adjoining 35 Pearl Street parcel provides additional potential for outdoor storage, fleet/yard use, expansion or future development, subject to approvals and ongoing environmental remediation.
Offered at $2,500,000 ($43.54/SF), the property provides an attractive basis for investors, developers and owner-users seeking scale, flexibility and significant repositioning potential in Southern Worcester County.
Property Facts
Amenities
- Waterfront
- Roof Terrace
- Storage Space
- Smoke Detector
Utilities
- Gas
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 25,000 SF
- Industrial
- Shell Space
- Now
- 2nd Floor
- 25,000 SF
- Industrial
- Shell Space
- Now
- 3rd Floor
- 8,000 SF
- Industrial
- Shell Space
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 25,000 SF | Industrial | Shell Space | Now |
| 2nd Floor | 25,000 SF | Industrial | Shell Space | Now |
| 3rd Floor | 8,000 SF | Industrial | Shell Space | Now |
1st Floor
| Size |
| 25,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Shell Space |
| Available |
| Now |
2nd Floor
| Size |
| 25,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Shell Space |
| Available |
| Now |
3rd Floor
| Size |
| 8,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Shell Space |
| Available |
| Now |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | WEBS-000015-A000000-000005 | Improvements Assessment | $1,258,000 |
| Land Assessment | $91,000 | Total Assessment | $1,349,000 |
Property Taxes
Parcel Number
WEBS-000015-A000000-000005
Land Assessment
$91,000
Improvements Assessment
$1,258,000
Total Assessment
$1,349,000
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