85 South St Warren, MA

$7,700,000
Square Feet 592,000
Acres 99.58
Photo of 85 South St Warren MA 01083




Description

Incredible redevelopment opportunity available. The Wrights Mill Complex comprises 15 building sections across 6 separate parcels, totaling approximately 592,000 gross SF and 99 acres. Condominium conversion plans have been created. Feasibility study for hydroelectric refurbishment available. Situated in West Warren village on the Quaboag River, surrounded by scenic views of the 15-town Quaboag Valley region. Conveniently located directly off of MA Rt. 67, approximately 12 minutes from the Palmer MA Turnpike interchange, in a centralized location between Springfield and Worcester. Many buildings are in good overall condition, with a mix of multi-story structures and more modern single-story industrial outbuildings, as well as a detached residential dwelling. Zoned in a Mill Conversion Overlay District (MCOD). Numerous usage possibilities including residential, multi-tenant commercial, industrial, institutional, or mixed-use.


Listed by SR Commercial Realty, Paul Bongiorni

Details

MLS 73204941
Status Active
Price $7,700,000
DOM 293 days
Type Commercial
Square Feet 592,000 sqft
Lot Size 99.58 acres
Year Built 1880

Lot & Building Features

Tax Year 2023
Taxes Paid $30,172

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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