Industrial Property for Sale in Georgetown, MA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Georgetown, MA 01833
  • Year built: 1986

Description

Marcus & Millichap is pleased to exclusively present 1–3 Milton Way in Georgetown, MA. This property offers a mixed use investment combining 13,212 SF of commercial space with a three bedroom, two bathroom residence on a 0.89 acre parcel in Georgetown. The subdivided garage bays create flexibility for multiple tenants or an owner user seeking to offset occupancy costs, while the residential component provides additional income or live work functionality. The layout supports a range of service based users with efficient access and adaptable space. The site’s excess land allows for outdoor storage of equipment and service vehicles, a key advantage in a supply constrained market. This combination of income potential, functional yard space, and flexible tenancy structure positions the asset for stable cash flow with upside through lease up or user conversion, appealing to both investors and local operators seeking long term control of their real estate. Investment Highlights: • Small bay contractor style property | 13,212 sf of commercial space | Ample yard space for service users and parking • Fully renovated single family home | 3 bedroom, 2 bathroom | Large front and back yard | Occupancy or rental opportunity • New rubber membrane roof on majority of commercial space | New shingle roofing on single family home | Updated hvac • Fully finished 2,400 office property | Detached garage spaces (7) | Direct access to RT-133 | Five minutes to I-95 • Long term commercial user opportunity | Multi-tenant investment opportunity | Future redevelopment opportunity

Market Context

This industrial in Georgetown, MA is listed for sale. The building dates to 1986. It has been on the market for 68 days. Compare it against other industrial listings for sale in Georgetown, MA — <a href="/search/sale/industrial/massachusetts/georgetown">view the full market</a>.

As of Q1 2026, the Austin industrial market showed a 15.1% vacancy rate, average asking rents near $14.30/SF/yr, and cap rates around 7.6%. Source: Consensus Q1 2026 market report.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Industrial market FAQ

What is the typical cap rate for industrial in Austin?
About 7.6% as of Q1 2026, per Consensus.
Is the Austin industrial market tightening or softening?
Vacancy is around 15.1% (Q1 2026).

Unified Estimate

Very Low Confidence

$12.99/SF – $17.57/SF

Mid: $15.28/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market fort-lauderdale (similarity: 100%) with 7 comparable listings.

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