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321 Washington St
Somerville, MA 02143
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Established industrial location
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale or lease, 321 Washington Street, a ±77,774 square foot industrial building located in Somerville, Massachusetts (“the Property” or “321 Washington”). The Property offers today’s most sophisticated industrial users best-in-class specifications featuring a ±2.95-acre site, 22’-24’6” clear, four tailboard dock doors, two drive-in doors, and one loading platform, and generous column spacing of 34’ x 34’, among others. The site’s urban infill location offers unmatched highway accessibility and public transportation options, located within 1.5 miles to Interstate 93 and 2.5 miles to Interstate 90 (Massachusetts Turnpike) and 0.5 miles to the newly opened Union Square Station, offering MBTA Blue and Green line options. 321 Washington is being offered free and clear from existing debt. Once qualified investors have had an opportunity to
thoroughly review the materials, CBRE will schedule a “call for offers”.
thoroughly review the materials, CBRE will schedule a “call for offers”.
PROPERTY FACTS
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1935 |
| Property Subtype | Warehouse | Parking Ratio | 0.96/1,000 SF |
| Building Class | B | Clear Ceiling Height | 24’ |
| Lot Size | 2.95 AC | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 77,774 SF | No. Drive In / Grade-Level Doors | 3 |
| Zoning | FAB - Building located in the FAB (Fabrication) Industrial subdistrict of the general Commercial District. | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.95 AC |
| Rentable Building Area | 77,774 SF |
| No. Stories | 1 |
| Year Built | 1935 |
| Parking Ratio | 0.96/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | FAB - Building located in the FAB (Fabrication) Industrial subdistrict of the general Commercial District. |
AMENITIES
- 24 Hour Access
- Front Loading
- Signage
- Storage Space
UTILITIES
- Lighting
- Gas - Natural
- Water - City Water
- Sewer
- Heating - Electric
PROPERTY TAXES
| Parcel Number | SOME M:64 B:B L:7 | Improvements Assessment | $3,092,000 |
| Land Assessment | $3,868,600 | Total Assessment | $6,960,600 |
PROPERTY TAXES
Parcel Number
SOME M:64 B:B L:7
Land Assessment
$3,868,600
Improvements Assessment
$3,092,000
Total Assessment
$6,960,600
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