35 Optical Drive
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
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?





















