Image courtesy of Tranzon.com

A high-visibility office building near the junction of Route 128 and Interstate 95 heads to auction this month and is being marketed as having potential for a wide range of uses ranging from lease-up to adaptive reuse.

The auction for 150 Royall St. in Canton through Tranzon.com is scheduled for 11 a.m. on April 14.

The 2-story, 167,103-square-foot office building was originally completed in 1968 on a 20-acre site. It was a former regional office for OneBeacon Insurance.

A listing states the property has potential for lease-up, repositioning, recapitalization or an adaptive reuse analysis.

The 150 Royall St. property was acquired in 2015 for $58 million by Bac Canton Holdings LLC, an affiliate of Quincy-based Jumbo Capital, with $38 million in mortgage financing from Wells Fargo Bank. A message was left with Jumbo Capital seeking comment.

The building is part of the Royall Street office park. The area includes a Trillium taproom, the corporate headquarters of Dunkin’ and the former Reebok headquarters, which was acquired by Spear Street Capital and leased to Tufts Health Plan.

The 15.8 million square-foot Route 128 South office market had a 19.7 percent availability rate at end of 2025, according to a report by brokerage Colliers, with average asking rents of $25.09 per square foot.