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232 Ash St 44,186 SF 100% Leased Industrial Building Reading, MA 01867 For Sale



EXECUTIVE SUMMARY
232 Ash Street, Reading, MA 01867 - 44,186 SF Freestanding Industrial on 2.49 Acres – MBTA Commuter Rail Adjacent
Property Highlights
• 44,186 SF brick/steel freestanding building on 2.49 acres
• 24'–26' clear heights
• Ten (10) dock-high doors + Four (4) drive-in doors
• 2,000-amp, 3-phase power (220/440-volt)
• Wet sprinkler system | Oil heat | Town water & sewer
• 50+ parking spaces + fenced outdoor storage/yard area
• True triple-net (NNN) leases on third-party tenancy
• Building can deliver vacant or partially vacant at closing
• Next door to Reading MBTA Commuter Rail station (25 min to North Station)
• Less than ½ mile to I-95/Route 128
Market Context
Reading / North 128 industrial vacancy remains below 2% with virtually no new supply added in the past decade. Freestanding buildings of this scale and specification almost never trade publicly.
Call or email exclusive brokers for complete offering memorandum, rent roll, financials, zoning analysis, and tour.
Hunter McMillen
Principal @ Virtus
Email: hm@virtusbos.com
Direct: (978) 846-3448
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Fenced Lot
- Front Loading
- Skylights
- Storage Space
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Oil (Fired)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Barbas Trucking
- Transportation and Warehousing
- -
- -
- -
- -
- J.C.M. Real Estate Trust-Steven J. Barbas, Trustee
- Real Estate
- -
- -
- -
- -
-
- Manufacturing
- -
- -
- Triple Net
- -
LINE-X is a privately held company specializing in high-performance protective coatings and automotive aftermarket products. Founded in 1993, the company pioneered spray-on polyurea coatings for truck bedliners and expanded into industrial, military, and commercial applications. LINE-X operates through a franchise network and offers a range of vehicle accessories under its Truck Gear brand. The company has been recognized multiple times in Entrepreneur’s Franchise 500 rankings and holds ISO certifications for quality assurance. In 2018, LINE-X merged with Ultimate Linings under the parent organization IXS Coatings, enhancing its global reach and product portfolio. Today, LINE-X serves customers in over 75 countries and continues to innovate in protective coatings technology.
- North Shore Linex Inc
- Wholesaler
- -
- -
- -
- -
- Reading Light Company
- Utilities
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Barbas Trucking | Transportation and Warehousing | - | - | - | - | |
| J.C.M. Real Estate Trust-Steven J. Barbas, Trustee | Real Estate | - | - | - | - | |
|
Manufacturing | - | - | Triple Net | - | |
|
Manufacturing | - | - | - | - | |
| North Shore Linex Inc | Wholesaler | - | - | - | - | |
| Reading Light Company | Utilities | - | - | - | - |
PROPERTY TAXES
| Parcel Number | READ-000012-000000-000118 | Improvements Assessment | $800,100 |
| Land Assessment | $1,395,900 | Total Assessment | $2,196,000 |
PROPERTY TAXES
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232 Ash St
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