837 Upper Union St
Franklin, MA 02038
Land For Sale · 3.59 AC

Newmark Knight Frank’s Boston Capital Markets Group has been exclusively retained to sell five(5) industrial condominiums within 837 Upper Union Street as well as 3.59 acres of developable industrial land adjacent to the property. 837 Upper Union Street is composed of twenty (20) industrial condominiums, all of which are 1,500 SF and include drive-in garage access, two (2) half bathrooms and ample parking. The five(5) industrial condominiums being marketed in this portfolio are all currently leased to various local businesses with 5% annual rental increases. The present owner of these condominiums was the original developer of the property and sold the balance of the fifteen(15) condominiums to owner-occupants in 2006-07. The condominiums are being offered on an individual basis or as a portfolio sale. The adjacent 3.59 acre parcel on Upper Union Street provides an opportunity for future ownership to develop another industrial property in the highly coveted Franklin Park industrial market.