.webp)
Prescott Facilitates Successful Sale of 471 Great Road, Acton, MA, situated on 0.91 acres of Industrial Outdoor Storage (IOS)
Prescott is pleased to announce the successful sale of 471 Great Road in Acton, MA. This 1,568-square-foot building, situated on 0.91 acres zone for Industrial Outdoor Storage (IOS), offers a prime location for commercial use. The property sold for $875,000, presenting an excellent opportunity for business growth in the area. Ellen Garthoff of Prescott represented the seller, Cascade Farms LLC, while Chris Michniewicz of The Stubblebine Company represented the buyer.
Project Overview
471 Great Road is strategically located along a high-traffic retail corridor, making it a valuable asset for commercial use. With its prime location and flexible zoning potential, the site presented a unique opportunity for a buyer
- Location: 471 Great Road, Acton, MA
- Square Footage: 1,568 SF
- Lot Size: 0.91 Acres
- Buyer: Leo Bertolami
- Seller: Cascade Farms LLC
The Challenge
Navigating zoning obstacles for industrial users presented a challenge in marketing this property. While initially suited for industrial purposes, the area’s increasing traffic count and commercial viability made it more attractive for retail and automotive users.
A Strategic Response to Market Challenges
Prescott took a proactive and targeted approach to finding the right buyer for 471 Great Road by leveraging the property’s potential for retail and commercial use:
Maximizing Land Value
Prescott positioned the site as an attractive opportunity for retail or commercial redevelopment, rather than its previous industrial classification.
Comprehensive
The team listed the property on high-visibility platforms like CoStar, Crexi, and MLS, ensuring maximum exposure to potential buyers.
Targeted Buyer Outreach
Efforts focused on local retail and automotive businesses that could benefit from the location. The successful transaction demonstrates the effectiveness of targeted marketing and strategic outreach in a shifting real estate market.
Prescott is an award-winning commercial real estate brokerage specializing in selling and leasing industrial properties with a focus on industrial outdoor storage (IOS) in Greater Boston and throughout New England. If you own this type of property and you are interested in a sale or lease evaluation or you are looking for property that is very difficult to find, please reach out at help@prescottadvisory.com or call our office at (617) 340-3332.
.png)