114 Pleasant StSouthbridge, MA 01550

This exceptional 9,730 square foot industrial property, located at 114 Pleasant St in Southbridge, MA, presents a unique investment opportunity. The building, a renovated 1981 schoolhouse, boasts a two-story layout and sits on a 1.17-acre lot. Currently operating as a successful tech incubator, the property features fourteen units occupied by six tenants, generating a price per square foot of $154.16. Significant upgrades were completed in 2013. The versatile space includes fully equipped laboratories (Optical Lab, Clean Room, BL2 Labs), a machine shop, a conference room, kitchen, shower, and four restrooms. Ample parking (32 spaces) is available. The property benefits from a high-traffic location at a busy four-way intersection, situated in an Opportunity Zone and conveniently close to major routes (90, 290, 131, 31, 395, and 20), offering easy access to Worcester, Boston, Hartford, Springfield, and Providence. The permitted zoning is OR. This turnkey operation is priced at $1,500,000 and offers significant potential for future growth and return on investment. The property's diverse amenities and strategic location make it an ideal acquisition for a variety of uses.