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513 Mill St 15,787 SF 100% Leased Flex Building Marion, MA 02738 $2,100,000 ($133.02/SF)
Executive Summary
Rare opportunity to purchase a meticulously maintained 15,787 sq. ft. investment property in Marion, MA—offered for sale for the first time! This turn-key building sits on 1.89 acres of serene, landscaped campus just off busy Route 6. Built in 1965 & currently leased to a global R&D/office tenant with a 3-year lease & 5-year option, it generates approx.$150,000 annually in rental income—tenant pays most expenses. The building includes 4 interconnected, single-level units & 1 freestanding offering flexibility for an end user or conversion into 4 stand-alone rental spaces. With 3-phase electric, tile flooring, & abundant natural light,25,000 sq. ft parking area, the space is ideal for a medical or nursing facility, adult or child daycare, R&D, office or other commercial uses. Exceptional condition, strong cash flow & versatile layout make this a rare find. The Southcoast & Cape Cod commercial market is booming—don’t miss your chance to secure a prime piece of real estate in this high-demand area!
Property Facts Under Contract
| Price | $2,100,000 | Building Class | B |
| Price Per SF | $133.02 | Lot Size | 1.89 AC |
| Sale Type | Investment | Rentable Building Area | 15,787 SF |
| Property Type | Flex | No. Stories | 1 |
| Property Subtype | Flex Research & Development | Year Built | 1965 |
| Price | $2,100,000 |
| Price Per SF | $133.02 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 1.89 AC |
| Rentable Building Area | 15,787 SF |
| No. Stories | 1 |
| Year Built | 1965 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,249,900 | |
| Land Assessment | $308,600 | Total Assessment | $1,558,500 |
Property Taxes
Parcel Numbers
Land Assessment
$308,600
Improvements Assessment
$1,249,900
Total Assessment
$1,558,500
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513 Mill St
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