For Sale
$6,500,000

259-289 Union StHolbrook, MA 02343

Prime Route 139 location, redevelopment potential.

Overview

Added:
Dec 26, 2024
Days on market:
104
This exceptional 8.28-acre site in Holbrook, MA, presents a unique redevelopment opportunity. Comprising six separate parcels totaling approximately 5.4 acres of uplands, the property boasts over 400 feet of frontage on Route 139, enhanced by four convenient curb cuts. This high-visibility location offers outstanding exposure for a variety of commercial uses. The site is conveniently located within a half-mile radius of the Holbrook/Randolph Commuter Rail Station, providing easy access for commuters and employees. Municipal sewer, water, and natural gas services are readily available on the street, simplifying infrastructure connections. The property is currently assessed at $1,440,300, with annual property taxes of $28,956.92. Please note that portions of the property fall within flood zones AE and X, as detailed in the provided flood plain information (259 and 259R-Zone AE, 269R-Zone AE, 269 and 289-Zone X). This information is crucial for any development plans and should be carefully considered. The property is being offered for $6,500,000 and is ideal for an owner-user investment. The site's size, location, and accessibility make it an attractive proposition for developers seeking a high-impact commercial project. This is a rare opportunity to acquire a significant parcel of land in a desirable location with excellent visibility and convenient access to transportation.

Highlights

  • Prime 5.4-acre site with over 400 feet of Route 139 frontage and four curb cuts.
  • Convenient location near Holbrook/Randolph Commuter Rail Station.
  • Municipal sewer, water, and natural gas readily available on-site.

Property Details for 259-289 Union St

Sale Condition
redevelopment-project
Property type
Retail residential properties, Retail properties
Investment Type
owner-user
Square Feet
2,150 SF
Price / Square Foot
$3,023.26
Class
C
Year Built
1920
Stories
1
Elevators
N/A
Lot Size (sq. ft)
360,677 SF

Location Insight

City
Holbrook
County
State
Massachusetts

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259-289 Union St
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