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Executive Summary

144 Sturbridge Road, Charlton presents a compelling opportunity to acquire a 20,000 square foot masonry block warehouse building with both in-place income and immediate value-add potential. The property features approximately 16,000 square feet of vacant warehouse space, ideal for an owner-user, investor, or tenant seeking flexible industrial space in a supply-constrained Central Massachusetts market.
The remaining 4,000 square feet is leased to an established cannabis retail operator, providing stable income and helping offset carrying costs.
Constructed of masonry block, the building offers a functional layout suitable for a variety of industrial, storage, or light manufacturing uses. The vacant portion provides significant upside through lease-up or owner occupancy, while the existing tenancy adds an attractive investment component.
Strategically located along Route 20 with convenient access to I-90 (Mass Pike) and other major regional corridors, the property benefits from strong connectivity to Worcester, Springfield, and the broader Central New England market.

Property Facts

Price $3,369,750 CAD
Price Per SF $168.49 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • Industrial Distribution
  • FlexLight Distribution
Building Class B
Lot Size 2.00 AC
Rentable Building Area 20,000 SF
No. Stories 1
Year Built 1997
Parking Ratio 2.5/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Zoning I-G, Charlton - Industrial

Amenities

  • Controlled Access
  • Security System
  • Signage

Utilities

  • Lighting - Fluorescent
  • Gas - Propane
  • Water - City
  • Sewer - City
  • Heating - Gas

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Pettals Cannabis
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Pettals Cannabis Retailer - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 5,000-16,000 SF
  • Industrial
  • Full Build-Out
  • Now

+/- 18 000 pieds carrés disponibles à louer (divisible) Espace d'entrepôt/distribution Deux quais de chargement pour camions (10x10 pi) Une porte d'accès au sol de 14x12 pi Électricité : 3 phases, 480 V Système de gicleurs humide Espacement des colonnes : 33'x33' Zonage : IND

Space Size Space Use Build-Out Available
1st Floor 5,000-16,000 SF Industrial Full Build-Out Now

1st Floor

Size
5,000-16,000 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 5,000-16,000 SF
Space Use Industrial
Build-Out Full Build-Out
Available Now

+/- 18 000 pieds carrés disponibles à louer (divisible) Espace d'entrepôt/distribution Deux quais de chargement pour camions (10x10 pi) Une porte d'accès au sol de 14x12 pi Électricité : 3 phases, 480 V Système de gicleurs humide Espacement des colonnes : 33'x33' Zonage : IND

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
CHAR-000030-C000000-000013
Land Assessment
$402,468 CAD
Improvements Assessment
$1,815,453 CAD
Total Assessment
$2,217,920 CAD
  • Listing ID: 40315572

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 144 Sturbridge Rd, Charlton, MA 01507

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