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7825939
7825940

35 Optical Drive, Southbridge, MA 01550

CN
MA 9554247
Kelleher & Sadowsky Associates Inc
JU
MA 7​2​1​2​5
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc
$4,000,000
602 days on market
Updated 32 days ago

35 Optical Drive

Details
Property Type Industrial
Sub Type Warehouse, Manufacturing
Square Footage 198,300
Year Built 1942
Year Renovated 2006
Stories 1
Acreage 50.040
Zoning Heavy Industrial
Parking Spaces 200 spaces
Parking Per SqFt 1.01
Ceiling Height 15’ - 22’
Loading Docks 8

Perfectly situated for warehouse distribution & manufacturing.

Marketing description

Kelleher & Sadowsky Associates, on behalf of the Southbridge Innovation Center, is pleased to provide this 198,300 SF industrial building, perfectly suited for marijuana cultivation and manufacturing. The voters of the Town of Southbridge resoundingly voted in favor of overturning the ban on adult-use marijuana in June 2019. Town Counsel adopted the ban reversal in October 2019. Town Counsel adopted the final version of adult use marijuana zoning bylaws in November 2019. Adult Use Marijuana is a permitted use at the Southbridge Innovation Center with Special Permit and Site Plan Approval from the Town of Southbridge. As part of a 1.2 million square foot Industrial and Technology Park, with the most advantageous zoning, park security, and no residential abutters, the Southbridge Innovation Center is the ideal location for marijuana cultivation in Southbridge.

Uncover the industrial potential of Southbridge, MA, surrounding the property on Optical Drive. Situated in a well-established industrial hub, the area offers proximity to key manufacturing and distribution centers, including the Southbridge Industrial Park. With its strategic location and convenient access to major highways, this area is primed for growth and expansion in the industrial and manufacturing sectors. Embrace the rich history of innovation in Southbridge while benefiting from a supportive business environment and access to skilled labor. Investors seeking a robust industrial landscape will find compelling opportunities in this vibrant location, setting the stage for future success and growth in the manufacturing sector.


Investment highlights

  • Electricity is generated on-site by a co-generation plant delivering electricity at below market rates, translating to annual savings for the end-user.
  • True redundant power with National Grid also providing power to the Southbridge Innovation Center
  • Historic Tax Credits available which could be applied to offset up to 35-40% of the total project development costs.
  • Ceiling Heights range from 15’ - 22’ making this facility perfect for both types of use
  • Electric capacity already in place and the ability to deliver as much power as needed to the building. 2
  • 8 tailboard loading docks for shipping and receiving.
  • Convenient Central Massachusetts location with access to Route 20 and I-90.
  • Deep labor force in Southbridge and the surrounding community.
  • On-site, 24 hour security as part of the Southbridge Innovation Center amenities; and
  • Hotel & Conference Center abutting the Southbridge Innovation Center with restaurant, health club, pool and meeting rooms

Listing Contacts

CN
MA 9554247
Kelleher & Sadowsky Associates Inc
JU
MA 7​2​1​2​5
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc

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