Location:
20 Newmarket Square
Boston, MA 02118
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(SOLD 5/28/2008)Perishable Management Services was the sole broker in the transaction and coordinated the Sale between the parties. Seller, Kinnealey Cold Storage, Inc., and the Buyer, 18 Newmarket Square Boston, LLC.LOCATION-LOCATION-LOCATION-LOCATIONZoning I2
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Sale Price:
$2,000,000.00(SOLD 5/28/2008)
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Taxes:
City of Boston Real Estate Taxes (2007): $32,244.00
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| (SOLD 5/28/2008)Perishable Management Services was the sole broker in the transaction and coordinated the Sale between the parties. Seller, Kinnealey Cold Storage, Inc., and the Buyer, 18 Newmarket Square Boston, LLC.Year Built:1958, Freezer Addition (1986), Processing Area, Renovated 1998.
Its very rare that a free standing Freezer/Refrigerated Processing facility becomes available in the Newmarket Square area of Boston, MA 02118. This property is price to sell and is priced far below replacement cost. Though it has always been occupied by food companies, its functional configuration would lend itself to any type of business that needed the benefits of Bostons most desirable industrial area.
Deeded Easement Rights for Parking in the Center of Newmarket Square. |
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| BUILDING SIZE: |
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±18,920.00 S.F. (main building)
±2,000.00 S.F. (metal building) |
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| LAND SIZE: |
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±31,090.00 s.F. |
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| UTILITIES: |
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Freight Elevator Servicing 1st Floor & Lower Level
(Roof) Rubber Membrane with Ballast (Freezer)
(Roof) Rubber Membrane Adhered (Processing))
City: Water & Sewer
Grease Trap
800 amps 3 phase / 480v-220v
Floor Drains / Positive Pitched Floors
Freon Refrigeration
Natural Gas |
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| OCCUPANCY: |
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(SOLD 5/28/2008) |
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| 1ST FLOOR |
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SF |
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| (Manufacturing Area), Coolers, Freezer, Floor Drains, Positive Pitched Floors, Refrigerated Production Area, and Offices (HACCP). |
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4,900 |
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| (Freezer Building), -10˚Degree F Freezer (28') / 350 Slotted Pallet Positions with Refrigerated Shipping Staging Area. |
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5,700 |
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10,600 |
| LOWER LEVEL |
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SF |
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| Mechanical Room
Common Area |
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1,120 |
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| Processing Area, Refrigerated, Floor Drains, Ice Machine
Offices
Locker Room
Storage |
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3,400 |
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4,520 |
| UPPER LVEL |
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SF |
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| Unfinished Office Area
Two Bathrooms |
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3,800 |
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The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it.
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