21 Industrial Road, Walpole, MA, 02081 United States

Conveniently off Route 1A. Close to Routes 495,95,128,140 & Gillette. Built as Tennis Club w/ 32' ceiling. Separated into 5 recently-renovated leased spaces. 2 garage-entries PLUS 2 loading docks. 40+ parking. Radiant gas heat, 3-phase power. NOI $173k

  • Sold
  • Commercial ยท 5 Units
  • Sold

21 Industrial Road Walpole, MA, 02081 United States Get directions

$2,150,000 $56/Sq. ft.
38,255 Sq. ft. 85,378 Sq. ft. Lot
  • Age1974 Years
  • Parking 40+ car garage
  • Area Off Route 1A, to Industrial Road
  • MLS# 72667842
  • Listed 4 Years 11 Months 20 Days Ago

Overview

In the interest of COVID Protocols: Please arrive at the property with face coverings and hand sanitizer & please have your clients review www.21industrial.com before scheduling a showing. Thanks.

Features

Interior Features

  • 32' ceilings (at building center) w/ no posts/columns. Currently sectioned into 5 separately leased spaces, netting $173k+ annually. Two drive-in garage doors PLUS 2 rear loading docks. Many recent renovations. ~2,500 sqft office and reception areas in front of building. Radiant gas heat, 3-phase power.

Exterior Features

  • Nearly 2 acres, off Route 1A on Industrial Road; 40+ parking spaces; frontage 200 feet

Other Features

  • Gross Annual Income: $271,656; Gross Annual Expenses: $97,970; Net Operating Income: $173,686

Taxes & Fees

  • Condo Fees : Not Available
  • Taxes: $35,492
  • Tax Year: 2020
  • Monthly Rent: Not Available