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.
32645816
32645815

144 Sturbridge Rd, Charlton, MA 01507 For Sale

JG
MA MA 9001209
NAI Glickman Kovago & Jacobs
TW
MA 9562752-RE-S
NAI Glickman Kovago & Jacobs
Listed by NAI Glickman Kovago & Jacobs
$2,480,000
60 days on market
Updated 17 days ago

144 Sturbridge Rd

Details
Property Type Industrial
Sub Type Warehouse, Commercial (+1)
Square Footage 20,000
Net Rentable (SqFt) 16,000
Tenancy Single
Brand/Tenant Cannabis retail operator
Lease Type NNN
Year Built 1997
Year Renovated 2023
Zoning Industrial
Parking Spaces 55 spaces
Parking per 1,000 SqFt 2.75
Investment Type Value Add
Ground Lease No
Ceiling Height 18'
Loading Docks 2
Dock High Doors 1

Industrial Warehouse | 20,000 SqFt

Marketing description

144 Sturbridge Road, Charlton presents a compelling opportunity to acquire a 20,000 square foot masonry block warehouse building with both in-place income and immediate value-add potential. The property features approximately 16,000 square feet of vacant warehouse space, ideal for an owner-user, investor, or tenant seeking flexible industrial space in a supply-constrained Central Massachusetts market.

The remaining 4,000 square feet is leased to an established cannabis retail operator, providing stable income and helping offset carrying costs while new ownership executes its business plan.

Constructed of durable masonry block, the building offers a functional layout suitable for a variety of industrial, storage, or light manufacturing uses. The vacant portion provides significant upside through lease-up or owner occupancy, while the existing tenancy adds an attractive investment component.

Strategically located along Route 20 with convenient access to I-90 (Mass Pike) and other major regional corridors, the property benefits from strong connectivity to Worcester, Springfield, and the broader Central New England market.

Investment highlights

  • +/- 16,000 SQ FT INDUSTRIAL WAREHOUSE | DISTRIBUTION SPACE AVAILABLE FOR AN OWNER OCCUPANT OR SUBTENANT
  • CONCRETE BLOCK AND MASONRY BUILDING
  • NEW RUBBER MEMBRANE ROOF (2023)
  • HIGHLY VISIBLE WAREHOUSE SPACE ON ROUTE 20 WITH CLOSE PROXIMITY TO I-90 AND I-84 INTERCHANGE
  • ONE DRIVE IN DOOR (14'X12')
  • TWO LOADING DOCKS (10'X10')
  • COLUMN SPACING: 33'X33'

Listing Contacts

JG
MA MA 9001209
NAI Glickman Kovago & Jacobs
TW
MA 9562752-RE-S
NAI Glickman Kovago & Jacobs
Listed by NAI Glickman Kovago & Jacobs

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

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
James Glickman
License
MA 9001209
*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