21 Pearl St

Executive Summary

Riverfront industrial space for lease in Webster, Massachusetts, and the rent here is about as low as you'll find anywhere in Worcester County. It's a 58,000 SF masonry mill, three stories, with 4 loading docks and infrastructure that got redone in 2021. A wet sprinkler system runs through the whole building, and 29,000 SF of it is finished office space that's ready for back-office work. I-395 is a mile off, which puts you on I-90 and I-84 and out across New England without much fuss. Rent is $6.00 per square foot plus utilities, well under what you'd pay in Worcester or Boston. We can assemble contiguous blocks up to 25,000 SF, and we won't split it smaller than 8,000 SF. Zoning is industrial, so manufacturing, warehousing, and distribution all work. If you're after industrial space for lease near I-395 with Connecticut and Rhode Island a short drive away, this one fits. We're also offering the building for sale at $2,000,000, which is $34.48 per square foot: a value-add mill for an investor or an owner-user willing to put in the work.