25 SOUTHGATE ST
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Location
25 SOUTHGATE ST
Mblu
07/ 024/ 01-03/ /
Acct#
07-024-01-03
Owner
NBPIV SOUTHGATE II LLC
Total Market Value
$1,415,800
PID
53250
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,007,800$408,000$1,415,800

Owner of Record
OwnerNBPIV SOUTHGATE II LLC
Co-Owner
AddressC/O NORTHBRIDGE PARTNERS LLC
401 EDGEWATER PL SUITE 265
WAKEFIELD, MA 01880
Sale Price$7,500,000
Certificate
Book & Page 71112/0284
Sale Date10/03/2024
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NBPIV SOUTHGATE II LLC$7,500,000 71112/02841N10/03/2024
SOUTHGATE STREET REALTY LLC$100 56712/01481F02/06/2017
CHARCHARONE PROPERTIES LLC$102,200 56107/01621E10/07/2016
CITY OF WORCESTER EOEND$0 00000/0000 10/05/2004
CITY OF WORCESTER TAX TITLE$0 34431/0023 08/23/2004

Building Information
Building 1 : Section 1
Year Built: 2016
Living Area: 51,472
Replacement Cost: $6,394,289
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$6,394,300
Building Attributes
FieldDescription
Style:Modern Manufacturing
ModelCommercial
GradeF METAL FR
Stories:1
Occupancy1.00
Exterior Wall 1Metal
Exterior Wall 2Veneer Brk/Stn
Roof StructureSteel Frm/Trus
Roof CoverMetal/Tin
Interior Wall 1Drywall/Shtrk
Interior Wall 2 
Interior Floor 1Concrete Fin
Interior Floor 2Cer/Clay/Tile
Ext. Qual.GOOD
Int. Qual.GOOD
Bldg UseFACTORY
Bath GradeAverage
Elevator 
Sprinkler100
1st Floor Use:4000
Heat/ACForced Air
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallCeil & Min Wl
Rooms/PrtnsAverage
Wall Height26.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
GLAGross Leasable Area 51,472 51,472
PTOPatio 324 0
   51,796 51,472

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code4000
DescriptionFACTORY  
ZoneMG-2
Neighborhood4
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)131115
Depth
Total Market Land$408,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT50000.00 S.F.$67,5001
FN1FENCE-4' CHAIN690.00 L.F.$2,5001
LT4W/FOUR LIGHTS4.00 UNITS$4,6001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$861,700$390,600$1,252,300
2024$704,720$390,600$1,095,320
2023$642,820$360,400$1,003,220

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