69 Milk StWestborough, MA 01581

Property Details for 69 Milk St

Year built

1902

Construction

FRAME

Lot size

1.98 AC

Property size (Sq ft)

41,299 SF

Zone code

BB

Property type

Office properties

Property subtype

Office buildings

APN

WBOR M:0020 B:000163 L:0

APU

WBORM0020B000163L0

Description

This exceptional office space, located at 69 Milk Street in historic downtown Westborough, Massachusetts, offers four available suites ranging from 1,420 to 2,974 square feet. Housed within a beautifully preserved 1902 mill building, the property boasts a desirable tenant mix and an abundance of natural light, creating a productive and pleasant work environment. The building comprises three stories and features convenient on-site parking, a significant advantage in this vibrant area. The location is highly accessible, situated just off Route 135 and within minutes of Route 9, providing easy commutes for employees and clients alike. The property is classified as a traditional office building, ideal for a variety of professional businesses seeking a prestigious and functional workspace. The multiple tenancy structure allows for flexibility in lease terms and space requirements. This is a rare opportunity to secure office space in a charming, well-maintained building in a prime Westborough location. The building's character and convenient amenities make it an attractive option for businesses seeking a blend of historical charm and modern functionality. The total building square footage is not currently available. Interested parties are encouraged to inquire for further details and availability. The zip code is 01581.

• CAP approach

  CAP return

  Valuation

  6%

  $6,827,958

  6.5%

  $6,302,730

  7%

  $5,852,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,396,128

  Geo Method

  $5,396,128

• Alternative Use

  Use

  Valuation

  Residential

  $7,815,386

  Hospitality

  $7,158,852

  Educational

  $5,956,080

  Medical

  $6,160,920

  Retail

  $9,265,014

Location Insight

City

Westborough

County

Worcester

State

Massachusetts

Latitude

42.2718

Longitude

-71.6183

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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