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30885168
30885169

41 Fremont St, Worcester, MA 01603

AF
MA MA9589061
HK
MA 9550567, FL 3235244
Marcus & Millichap - Boston
Listed by Marcus & Millichap - Boston
$3,000,000
85 days on market
Updated 85 days ago

41 Fremont St

Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 72,820
Net Rentable (SqFt) 72,820
Price per SqFt $41
Year Built 1900
Year Renovated 2023
Stories 3
Acreage 1.110
Investment Type Value Add
Ceiling Height 12'-26'

72,820 SF Industrial Building with Lab Space | Flexible Occupancy | Worcester, MA

Marketing description

41 Fremont includes 72,820 SF of office and industrial space located in the heart of Worcester, MA. The building includes 6,500 SF of lab space that was built out in 2023, 1,400 SF of finished office space and 46,660 SF of first floor warehouse space. Occupancy is flexible making this ideal for an owner occupant of value-added investor. Current ownership replaced a significant portion of the roof, brought life safety systems to code, subdivided warehouse spaces and built out a class A cannabis testing laboratory. The sale includes 51 spaces located across Fremont Street. This 100+ year old building may qualify for the Historic Tax Credit program, providing rebates of up to 40% of qualified construction costs.

Worcester is one of the fastest growing cities in New England. With direct rail access to Boston, 2,000+ residential units under construction, two major hospitals and top colleges, including Worcester Polytechnic Institute, the city is posed for continued success. Fremont Street is a rapidly evolving industrial district seeing an influx of mixed use and creative uses.

Listing Contacts

AF
MA MA9589061
HK
MA 9550567, FL 3235244
Marcus & Millichap - Boston
Listed by Marcus & Millichap - Boston

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Additional Information

Name
Thomas Shihadeh
License
MA 1000485
Brokerage
M&M
Title
Broker of Record
Name
Anthony Fresolone
License
MA9589061
Brokerage Phone
6178967203
Brokerage Address
100 High Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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