Cordaville building sold for $840K

by susan on December 21, 2009

Post image for Cordaville building sold for $840K

A posting on the website of Metrowest Commercial Real Estate reveals the fate of the yellow building on the corner of Cordaville and Southville Roads. The building went up for auction in November:

Marlene Aron with Flynn Auctioneers has represented the Seller is the sale of 106 Southville Road, a newly constructed 10,600 s.f. office bldg. Aron stated, ” The building was about 90% finished, it attracted users who did not want to deal with completing the build-out. The building was ultimately purchased by a builder/investor, who will complete the build-out and should be able to attract tenants who will appreciate the location, next to the Southboro train station, and the high-end quality of the building.” The selling price was $840,000.

Southborough News reports the buyer was Paul Mastroianni, a builder and investor who plans to complete custom-designed build-outs for tenants leasing the space.

The building was assessed at $1.3 million. At one point last fall it was on the market for just under $3 million.

{ 7 comments… read them below or add one }

1 John Kendall December 21, 2009 at 2:52 PM

After seeing this beautiful building empty for so long, it would really be nice if somebody moved in. It is such a waste just sitting there.

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2 Localvore December 21, 2009 at 4:54 PM

Not many would agree that it is beautiful. If imitation colonial is your thing, I guess so. I think it is a big yellow eyesore, built too close to the road and completely out of scale with the adjacent neighborhood(s), but the ship has sailed on that argument and it would be better if it were occupied.

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3 John Kendall December 21, 2009 at 5:41 PM

Well, being a resident in Cordaville (I grew up in Southville) for almost 30 years, what is there now is sure a hell of a lot better looking than what was there. Big yellow eyesore? I think not.

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4 Papa Rosa December 22, 2009 at 7:40 AM

I’m with John; this is a reasonably attractive building. May local businesses move in and thrive!

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5 Frances December 22, 2009 at 8:06 AM

John you are absolutely correct. Now if we could only get the rest Of the (south side) of Southville Road East cleaned up that would be a real improvement.

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6 Rose February 25, 2010 at 9:40 AM

We drive by it several times a week on the way to work. Nice building. Needs tenants. Could parking be an issue?

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7 John Kendall February 25, 2010 at 7:45 PM

I’m thinking parking on top of the economy.

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