247 Main Rd | Colrain, MA 01340
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247 Main Rd
Colrain, MA 01340
Value-Add Industrial Asset | Opportunity Zone · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Industrial property comprising two buildings totaling 75,000 square feet that sit on a 5.26-acre lot about an hour from Springfield, Massachusetts.
- Value-add industrial property allows investors and owner-users to rent the space or use the facilities.
- Located in an opportunity zone in which investors and owner/users can take advantage of tax incentives.
- Vacant property offers a warehouse with four loading docks; the second building is light industrial.
- Asset is within a two-hour drive to major markets such as Boston, Massachusetts; Albany, New York; and Providence, Rhode Island.
PROPERTY FACTS
| Sale Condition | Auction Sale | Rentable Building Area | 75,000 SF |
| Type of Ownership | Fee Simple | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1985 |
| Property Subtype | Warehouse | Parking Ratio | 0.2/1,000 SF |
| Building Class | C | Parcel Number | COLR-001070-000002-000120 |
| Lot Size | 5.26 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.26 AC |
| Rentable Building Area | 75,000 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 0.2/1,000 SF |
| Parcel Number | COLR-001070-000002-000120 |
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