facebook
Traded Co logo
Submit
Daily limit: 0/10

Jim Chacharone Of Chacharone Properties Acquires Mixed-Use Building In Northborough For $8.4M

Property Image
SOLD
$8,400,000

Massachusetts

See Similar Deals
Mixed-use62,000 SF
Sold 08/15/2025
the dealplayerscompscontact
Property Image
SOLD

Jim Chacharone Of Chacharone Properties Acquires Mixed-Use Building In Northborough For $8.4M

50 Bearfoot Road

See Similar Deals
Mixed-use62,000 SF
Sold 08/15/2025
Contact now

Summary

MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$135
Total Square Footage:62,000 SF
Transaction Type:Sale

The property involved in the transaction is a mixed-use asset located at 50 Bearfoot Road in Northborough, MA. This property encompasses 62,000 square feet and sits on 8.54 acres, with a functionally divided space for light manufacturing/warehouse and office use. The sale was completed at a transaction amount of $8,400,000, equating to a price per square foot of $135.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $8,400,000
  • Address: 50 Bearfoot Road
  • Market: Northborough, MA
  • Square Footage: 62,000
  • Acres: 8.54
  • PPSF: $135
  • Buyer: Jim Chacharone - Chacharone Properties
  • Seller: 50 Bearfoot Road, LLC
  • Brokers: Will Kelleher & Paul Matt - Kelleher & Sadowsky

The transaction involved Jim Chacharone representing Chacharone Properties as the buyer, while 50 Bearfoot Road, LLC was the selling entity. The brokerage firm Kelleher & Sadowsky facilitated the deal, showcasing their services in brokering significant property sales within the market.

Players

William Kelleher, IV
3 deals$15.4M volume(508) 596-5395
BROKER

Paul A. Matt
Kelleher & Sadowsky
1 deal$8.4M volume(508) 846-8800
BROKER

Kelleher & Sadowsky
BROKERAGE

Details

SOLD
IMAGE: Jim Chacharone, Will Kelleher & Paul Matt DATE: 08/15/2025 ADDRESS: 50 Bearfoot Road MARKET: Northborough, MA ASSET TYPE: Mixed-use ~ ACRES: 8.54 BUYER: Jim Chacharone - Chacharone Properties (@ChacharoneProperties) SELLER: 50 Bearfoot Road, LLC BROKERS: Will Kelleher & Paul Matt - Kelleher & Sadowsky (@KelleherSadowsky) SALE PRICE: $8,400,000 SF: 62,000 ~ PPSF: $135 NOTE: Kelleher & Sadowsky Associates brokered the $8.4M sale of 50 Bearfoot Rd., a 62,000-square-foot mixed-use flex building in Northborough, MA, to Chacharone Properties. The two-story property, built in 1988, sits on 8.54 acres and is split evenly between light manufacturing/warehouse and office space.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$448,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$29,843.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,820.29
Annual Debt Service$477,843.43