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87 Main St 6,300 SF 100% Leased Flex Building North Reading, MA 01864 $2,057,535 CAD ($326.59 CAD/SF)
INVESTMENT HIGHLIGHTS
- Lots of Natural Light
- Great Route 28 signage and visibility
EXECUTIVE SUMMARY
AAA location on route 28 in N. Reading MA. 6,000 square ft building with laboratory, office and manufacturing capabilities. Lab on 2nd floor (approx 1500 sq ft) with plenty of cabinets, fume hood and water system. Offices, reception area and engineering space on main floor. Lower floor can be used for small manufacturing space or storage. Parking for 12 cars. Perfect for hemp edible manufacturing business, product development shipping and receiving. Perfect for an out of state company to enter into the Massachusetts market or a Massachusetts company that needs additional or expanded manufacturing capabilities north of Boston. Facility is fully MDAR licensed for manufacturing. Great Opportunity to compliment an existing licensed manufacturer in the cannabis space. FREE STANDING LAB building.This building is set up for small Lab business upstairs, office space 1st floor and lower level.Present Tenant shares building with Landlord and pays $5,000 NNN. Willing to take more space. Lease expires next year, but Tenant is willing to renew.
PROPERTY FACTS
| Price | $2,057,535 CAD | Rentable Building Area | 6,300 SF |
| Price Per SF | $326.59 CAD | No. Stories | 3 |
| Sale Type | Investment or Owner User | Year Built | 1999 |
| Property Type | Flex | Parking Ratio | 1.9/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 10’ |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.24 AC | ||
| Zoning | HB, N Reading - Legal Conforming | ||
| Price | $2,057,535 CAD |
| Price Per SF | $326.59 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 0.24 AC |
| Rentable Building Area | 6,300 SF |
| No. Stories | 3 |
| Year Built | 1999 |
| Parking Ratio | 1.9/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Dock-High Doors/Loading | 1 |
| Zoning | HB, N Reading - Legal Conforming |
AMENITIES
- 24 Hour Access
- Security System
- Storage Space
- Recessed Lighting
- Monument Signage
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | NREA-000024-000000-000043 | Improvements Assessment | $1,077,463 CAD |
| Land Assessment | $692,841 CAD | Total Assessment | $1,770,303 CAD |
PROPERTY TAXES
Parcel Number
NREA-000024-000000-000043
Land Assessment
$692,841 CAD
Improvements Assessment
$1,077,463 CAD
Total Assessment
$1,770,303 CAD
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87 Main St
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