175 State RdWestminster, MA 01473

  • Manufacturing properties
  • 21,895 SF
For Lease
$21.50/SF/YR View listing

Property Details for 175 State Rd

Year built
1988
Construction
STEEL FRAME
Lot size
4.64 AC
Property size (Sq ft)
21,895 SF
Property type
Manufacturing properties
APN
WMIN M:76 B: L:23
APU
WMINM76BL23

Description

This exceptional 4,844-square-foot office space is ideally situated at 175 State Road East in Westminster, Massachusetts, within the vibrant Wachusett Brewery complex. Currently available for lease as a single-tenant occupancy, this move-in ready space offers a unique blend of traditional and creative office environments, perfect for executive offices or a variety of business needs. The property boasts a desirable 3:1 ratio of private to open office areas, providing ample space for both individual work and collaborative projects. Specific features include several private offices, a sizable open workspace, one or two conference rooms, a convenient kitchenette, a dedicated copier room, and a support area. The space benefits from a modified gross lease at a base rental rate of $21.50 per square foot, with a minimum three-year lease term preferred at five years. Located just two minutes from Route 2, on the Westminster-Fitchburg town line, the property offers abundant parking directly adjacent to the entrance. The surrounding complex includes the brewery itself, the Brew Yard (featuring live music and a fresh pint bar), and brewery tours, creating a dynamic and engaging atmosphere. This property presents a rare opportunity to establish a presence in a thriving and unique location. The Worcester County address and 01473 zip code provide easy access to regional transportation networks.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,143,390
    Hospitality
    $3,795,323
    Educational
    $3,157,664
    Medical
    $3,266,261
    Retail
    $4,911,922
175 State Rd, Westminster, Massachusetts

Location Insight

City
Westminster
County
Worcester
State
Massachusetts
Latitude
42.5584
Longitude
-71.8701
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,938
$177,800
$1,448,500
$1,626,300
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