www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
15275766
15275765

85 South St, Warren, MA 01092

PB
MA 9575704, CT REB.0793882
Pioneer CRE
Listed by Pioneer CRE
$4,900,000
78 days on market
Updated 3 days ago

Wrights Mill Complex

Details
Property Type Industrial, Land (+2)
Sub Type Flex, Industrial (+1)
Square Footage 592,000
Net Rentable (SqFt) 592,000
Units 15
Occupancy 1%
Tenancy Multi
Price per SqFt $8
Year Built 1880
Buildings 15
Stories 4
Acreage 99.580
Zoning MCOD
Investment Type Redevelopment
Loading Docks 7

15 Building Redevelopment Opportunity | Convenient to MA Pike | Master Plan Study Available

Marketing description

Incredible redevelopment opportunity available in Worcester County. The Wrights Mill Complex comprises 15 building sections across 6 separate parcels, totaling approximately 592,000 gross square feet and 99 acres. Condominium conversion plans have been created. Feasibility study for hydroelectric refurbishment available. Situated in the 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 the cities of Springfield and Worcester. Adjacent to the Boston Subdivision railroad line. Ample parking on site. 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 a mixed-use campus. Historic tax credits, grants, and other redevelopment incentives are potentially available via state and local agencies. A third-party master recovery/reuse plan has been initiated by the town, and the current findings (including Phase 1 environmental report) are available here: https://www.wrightsmillmasterplan.com/

Investment highlights

  • 15 buildings and 6 parcels included

  • Buildings in overall good condition

  • In a Mill Conversion Overlay District

  • Centralized location between cities of Springfield and Worcester

  • Condo conversion plans

  • Feasibility study for hydroelectric refurbishment available

  • Approximately 12 minutes from MA Pike

  • Adjacent to Boston Subdivision rail line

  • Many adaptive reuse possibilities

Listing Contacts

PB
MA 9575704, CT REB.0793882
Pioneer CRE
Listed by Pioneer CRE

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Paul Bongiorni
License
9575704
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591