Southbridge, Kelleher & Sadowsky Associates is pleased to
5 Optical Dr, Southbridge, MA
Kelleher & Sadowsky Associates is pleased to present 5 Optical Drive in Southbridge as available for sale. This historic mill building in the Southbridge Innovation Center has been masterfully renovated to modern office space and is part of the former home of the illustrious American Optical Company. Fully renovated in 2004, current ownership is completing $150,000 of improvements to the property before the sale including new signage and upgraded landscaping. The City of Worcesterâs Office of Workforce Development currently occupies the entire second floor while floors 1 and 3 will soon become available. This organization is part of a public-private partnership that helps the community with job readiness and skills advancement. A great opportunity for an owner-occupant, this ±12,754 square foot building produces over $85,000 in passive cash flow annually and boasts over 8,000 square feet of remaining space available for an owner-using as well as upside opportunity to add to the current income of the building. The building will be sold as a leasehold interest in the property, with low annual lease payments due to the park annually. The building is located in the Southbridge Innovation Center, a state-of-the-art business park with more than 1 million square feet of office, industrial, and lab facilities. Sitting on the bank of the Quinebaug River, the park enjoys spectacular views of the water, creating the most picturesque business park in the area. Home to the Southbridge Hotel & Conference Center, the park provides some of the greatest offerings of amenities in all of Central Massachusetts. The Hotel and Conference Center is complete with a 24,000 SF state-of-the-art meeting space, contemporary rooms, fitness center, and indoor pool. The complex is a one-of-a-kind perfect blend of contemporary and historic aesthetics.
Office Space for Rent
24,000 sq. ft.