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.

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John Kendall
13 years ago

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.

Localvore
13 years ago

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.

John Kendall
13 years ago

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.

Papa Rosa
13 years ago

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

Frances
13 years ago

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.

Rose
13 years ago

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

John Kendall
13 years ago

I’m thinking parking on top of the economy.

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