Investment Overview

237 - 247 Main Road is an industrial property comprised of two buildings totaling 75,000 square feet that sit on a 5.26-acre lot about an hour from Springfield, MA. The vacant property offers a warehouse with four loading docks; the second building is light industrial. The asset has frontage along Main Road with access to Interstate 91 within 10 miles. This value-add industrial property allows investors and owner-users to rent the space or use the facilities. Located in the town of Colrain, MA, the property is near the Vermont border to the north and New York to the west. Within 10 miles of the property, there is a growing population of 38,301 with a median household income of $63,783. The property is surrounded by various towns, such as Colrain, Greenfield, Charlemont, Shelburne Falls, and more, that offer a skilled workforce. The asset is within a two-hour drive to major markets such as Boston, MA; Albany, NY; and Providence, RI. 237-247 Main Road is in an opportunity zone where investors and owner users can take advantage of tax incentives.