Former R&D Facility | Owner-User, High-Bay | Boston MSA

$1,200,000 Starting Bid

Auctioneer: Lynne Zink

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: AU0003037

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 71 Frankland Road is a vacant office and R&D facility totaling approximately 93,629 square feet on 15 acres in Hopkinton, Massachusetts. Originally developed as a testing and research facility for Liberty Mutual and expanded in multiple phases, the building offers two stories plus a lower level, with roughly 71,677 square feet on the first floor. Improvements include laboratory space, approximately 20,000 square feet of high-bay industrial, warehouse, and shop space, heavy power, modern office finishes, clear heights of 12 to 26 feet, three grade-level drive-in doors, two passenger elevators, and 220 surface parking spaces. The property is reported to have no known deferred maintenance. Delivered fully vacant, the asset gives an owner-user immediate occupancy or allows an investor to reposition and lease the building to R&D, office, educational, medical, or other specialized users. The site is zoned Professional Office (P) and carries annual taxes of $92,040. Systems include municipal water, private septic, fuel oil forced hot air heat, a wet sprinkler system, and a flat roof. Located approximately 28 miles west of Boston with access to I-495, I-90, and the Ashland MBTA Commuter Rail station, the property draws on a Hopkinton workforce in which 77.5% of adults hold a bachelor's degree or higher.

Ground-Level Layout With 71,677 SF on Floor 1

About 77% of the 93,629 SF sits on the first floor, suiting R&D, lab, medical, and education users.

20,000 SF of High-Bay Space and Heavy Power

Lab space, high-bay shop and warehouse areas, 12'-26' clear heights, and three drive-in doors.

Delivered Vacant for Owner-User or Re-Lease

Full vacancy lets a buyer occupy the building directly or reposition and lease it to new tenants.

15-Acre Site With 220 Surface Parking Spaces

Parking equates to roughly 2.35 spaces per 1,000 SF, with land well beyond the building footprint.

No Known Deferred Maintenance Reported

Built for Liberty Mutual and expanded in phases, with modern office improvements in place.

Access to I-495, I-90, and MBTA Commuter Rail

Located about 28 miles west of Boston and 6 minutes from the Ashland MBTA Commuter Rail station.