267 Granite StWorcester, MA 01607

  • Commercial real estate
  • 37.91 AC
For Lease

Property Details for 267 Granite St

Lot size
37.91 AC
Zone code
ML-.5
Property type
Commercial real estate
APN
WORC M:44 B:013 L:00005
APU
WORCM44B013L00005

Description

This exceptional Worcester, MA industrial property, located at 267 Granite Street, presents a unique investment opportunity. The complex encompasses 44,752 square feet of warehouse space distributed across four buildings, each spanning four stories. The property sits on a substantial 37.95-acre lot, offering ample space for expansion or future development. Seven convenient drive-in bays facilitate efficient loading and unloading operations. The property boasts approximately 13 acres of concrete ground surface, ideal for heavy-duty use. The site's previous uses include a salvage yard (holding Class 2 and 3 licenses), a repair shop, used auto parts sales, and scrap metal operations, demonstrating its versatility and adaptability to a range of industrial applications. The property is zoned for industrial use within Worcester County, MA, and features a single suite across the entire complex. This expansive property offers significant potential for a variety of industrial businesses seeking a large footprint and strategic location in Worcester, MA, zip code 01607. The property's size and features make it suitable for a wide range of industrial uses, from warehousing and distribution to manufacturing and repair. Its location in Worcester County provides easy access to major transportation routes, further enhancing its appeal to potential buyers or tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $312,501,696
    Hospitality
    $286,249,888
    Educational
    $238,156,544
    Medical
    $246,347,120
    Retail
    $370,465,728
267 Granite St, Worcester, Massachusetts

Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.2352
Longitude
-71.7787
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
2020
$164,619
$3,182,350
$607,500
$3,789,850
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-
-
-

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