Industrial Facility

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30853125
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 57,600 SF
Gross Land Area: 5.81 Acres
Sale Price: $7,000,000
Unit Price: $121.53 PSF
Ceiling: 9 ft. / 16 ft. Clear
Docks/Doors: 4 Docks
Office SF: 11,355 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Building Name: Former UFPT Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2024

Overview / Comments

Strategically located 57,600 SF industrial facility, on Route 133 Georgetown, MA just 5 minutes from I-95!
The building has 11,355 sf of excellent office space spread over 3 elevatored floors with 16 Private Offices, 2 large Conference Rooms, a Lunch Room, 2 small Kitchenette and several areas for cubes and a dedicated IT Room.

There is approximately 46,245 of manufacturing/warehouse space is in multiple sections with ceiling heights 8'5' to 20' and a 480 volt 800 amp electrical system.
There are 4 docks, an emergency generator and plenty of parking.

The facility is only 1 mile away from Route 133 Exit off on I-95.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $86,579 (Annual)
Assessed Value - Total($) $6,670,200 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Taxing Authority: Georgetown, MA
Tax ID/APN: 10-7-000
Zoning: RESIDENTIAL
Property Located Between: East Main Street and Tenney Street
Highway Access: The facility is located on Route 133, East Main and only 5 minutes I-95
Airports: Logan Airport is only 30 minutes away.
Site Description: Attractively maintained site with executive offices and with a manufacturing facility and plenty of parking.
Area Description: Located just outside the Town of Georgetown there are many amenities available including: Banking, Donut Shops, Hardware Store, Crosby's Market, CVS and more.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 35,000 SF
Property Condition: Good
Year Built: 1960
Year Renovated: 2005
Roof Type: Flat
Construction/Siding: Block, Brick
Exterior Description: Attractive brick exterior offices with interesting windows and painted block Manufacturing facility.
Parking Type: Surface
Parking Description: Adequate paved parking is available on Site.
Total Parking Spaces: 100
Column Spacing: Varies
Passenger Elevators: 1
Sprinklers: Wet
Amps: 800
Volts: 480
X-Phase: 3
Heat Type: Electricity, Natural Gas, Steam, Suspended Radiant Heaters
Heat Source: Central, Ceiling Units
Air Conditioning: Package Unit
Lighting: LED, Fluorescent
Internet Access: Cable, Fiber Optic
Interior Description: Attractive Office in good condition, the entire office area will be repainted, new flooring and new LED Lighting.
Zoning Description: Residential Zone, non-conforming structure.
Lot Frontage: 313
Lot Depth: 900
Water Service: Municipal
Sewer Type: Septic
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 815 18,066 56,242
Median Age: 42.27 42.43 43.26
Households: 299 6,487 20,670

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