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Massachusetts Town of Sharon·Massachusetts

Request for Proposals - Redevelopment/Reuse/Sale of Carnegie Building

Closes 1/30/2026$1M – $5MRequest for Proposal
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Description

The Town of Sharon is soliciting proposals for the redevelopment of the historic Carnegie Library building. The building is approximately 13,000 square feet and is located on a 14,000 square foot site. The Town is looking for proposals that promote high-quality development and complement the immediate business community and the town. The successful respondent will be invited to enter into a long-term lease or purchase agreement with the Town. The lease will be a triple-net lease, and the respondent will be responsible for paying rent, real estate taxes, operation and maintenance costs, and insurance. The Town is open to considering other options, including sale of the property. • The building is located in the General Residence District, but is also in the Groundwater Protection (Overlay) District. • The building is a historic Carnegie library and is subject to certain zoning restrictions. • The Town is looking for proposals that include a mix of uses, such as office, retail, and residential. • The successful respondent will be responsible for constructing a septic system and installing a new 1500-gallon septic tank. • The Town will consider granting an easement for septic and parking to the owner of the property. • The lease or sale agreement will be subject to favorable action on required land use items, including zoning changes and approvals from the Historical Commission.

Attached files

Contact

Frederic Turkington Jr.(Town Administrator)

[email protected]

(781) 784-1500 x1208

Key dates

Opened
1/30/2026
Questions due
3/3/2026
Closes
1/30/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
BD-26-1323-TOS03-TOS03-124855

Budget estimate

$1,000,000 – $5,000,000

The budget for this opportunity is likely to be in the range of $1 million to $5 million, depending on the specifics of the proposal and the terms of the lease or sale agreement. The Town is looking for a high-quality development that complements the immediate business community and the town, and is willing to consider a long-term lease or purchase agreement. The successful respondent will be responsible for paying rent, real estate taxes, operation and maintenance costs, and insurance, which could be a significant expense. However, the opportunity to redevelop a historic property in a prime location could also provide a significant return on investment.

AI estimate from the solicitation

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