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339 Main St 72,875 SF 100% Leased Industrial Building Athol, MA 01331 $1,200,000 ($16.47/SF)
INVESTMENT HIGHLIGHTS
- Downtown green design, funding approved for significant immediate adjacent property already owned by municipality.
- Much improved aesthetic appearance, drainage & daylighting of current encapsulated stream of immediately surrounding parcel
- Improved downtown parking and pedestrian walking safety
- BSC group design of adjacent municipal area publicly available for review..."Greening Lord Pond Plaza".
- Design for live-work communty
EXECUTIVE SUMMARY
SEE LINK FOR WHAT'S GOING ON RIGHT NOW ON IMMEDIATELY ADJACENT PROPERTY...APPROXIMATELY $3M SITE IMPROVEMENTS UNDERWAY AT IMMEDIATELY ADJACENT MUNICIPAL OWNED PROPERTY!
https://lordpondplaza.wordpress.com/latest-update/
SUBJECT PROPERTY OFFERING PRICE for bldg size 72,875 SF)!!! IMPORTANT...PROPERTY OFFERED FOR SALE IS LOCATED IMMEDIATELY ABUTTING DOWNTOWN MUNICIPAL SITE. PHYSICAL SITE WORK (APPROXIMATELY $3M) UNDERWAY ON THE IMMEDIATELY ADJACENT PROPERTY OWNED BY TOWN OF ATHOL. VIEW municipal green space write up & site plan: https://storymaps.arcgis.com/stories/74a4127fafff4189aea395490a1a0244. AGAIN...Town has started site work on parcel immediately adjacent to subject...significant improvements immediately door will enhance subject!
Subject is multilevel mill building with exterior brick walls, steel & wood frame...top floor is clear span (steel truss frame roof). Significant downtown municipal green space designed, funded for municipal owned site which is LOCATED IMMEDIATELY adjacent to subject property...improvement includes attractive landscaping, expose waterway (now encased underground), enhance safety, increase parking and more. MUNICIPALITY HAS COMMENCED SITE WORK ON DIRECTLY ABUTTING COMMUNITY PROJECT!!!
Based on conversations, municipality will support reasonable redevelopment of subject property. Existing local housing shortage... residential re-use is considered very desirable along with partial commercial component. Subject is currently and been long owner occupied property used for industrial purposes. Now, property is ready for redevelopment...current owner underutilizes property and considering retiring. Town of Athol Manager indicates will support/encourage state funding and grants that may be available to developers with acceptable redevelopment plan. Town of Athol completed study few years ago indicating shortage of business uses...needed within area too...study available for review. Bring your ideas!!!
https://lordpondplaza.wordpress.com/latest-update/
SUBJECT PROPERTY OFFERING PRICE for bldg size 72,875 SF)!!! IMPORTANT...PROPERTY OFFERED FOR SALE IS LOCATED IMMEDIATELY ABUTTING DOWNTOWN MUNICIPAL SITE. PHYSICAL SITE WORK (APPROXIMATELY $3M) UNDERWAY ON THE IMMEDIATELY ADJACENT PROPERTY OWNED BY TOWN OF ATHOL. VIEW municipal green space write up & site plan: https://storymaps.arcgis.com/stories/74a4127fafff4189aea395490a1a0244. AGAIN...Town has started site work on parcel immediately adjacent to subject...significant improvements immediately door will enhance subject!
Subject is multilevel mill building with exterior brick walls, steel & wood frame...top floor is clear span (steel truss frame roof). Significant downtown municipal green space designed, funded for municipal owned site which is LOCATED IMMEDIATELY adjacent to subject property...improvement includes attractive landscaping, expose waterway (now encased underground), enhance safety, increase parking and more. MUNICIPALITY HAS COMMENCED SITE WORK ON DIRECTLY ABUTTING COMMUNITY PROJECT!!!
Based on conversations, municipality will support reasonable redevelopment of subject property. Existing local housing shortage... residential re-use is considered very desirable along with partial commercial component. Subject is currently and been long owner occupied property used for industrial purposes. Now, property is ready for redevelopment...current owner underutilizes property and considering retiring. Town of Athol Manager indicates will support/encourage state funding and grants that may be available to developers with acceptable redevelopment plan. Town of Athol completed study few years ago indicating shortage of business uses...needed within area too...study available for review. Bring your ideas!!!
PROPERTY FACTS
| Price | $1,200,000 | Lot Size | 0.94 AC |
| Price Per SF | $16.47 | Rentable Building Area | 72,875 SF |
| Sale Type | Investment or Owner User | No. Stories | 4 |
| Sale Condition | Redevelopment Project | Year Built | 1920 |
| Property Type | Industrial | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $1,200,000 |
| Price Per SF | $16.47 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.94 AC |
| Rentable Building Area | 72,875 SF |
| No. Stories | 4 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | ATHO-30 460 | Improvements Assessment | $439,500 |
| Land Assessment | $123,800 | Total Assessment | $563,300 |
PROPERTY TAXES
Parcel Number
ATHO-30 460
Land Assessment
$123,800
Improvements Assessment
$439,500
Total Assessment
$563,300
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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CPA, INC
339 Main St
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