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Elevator-Served Office Suite
New
For Lease
$3,800/Mo NNN

1 Olde North Rd #303-304, Chelmsford, MA 01824

Third-floor professional workspace with reception, private offices, elevator access, and on-site parking.

Space SizeContact for details
Property Size2,500 SF
Days on Market7

Property Features for 1 Olde North Rd #303-304

General Information

Standard status Active
Size 2,500 SF
Elevators Yes
Zoning RB

Space & Availability

Floor 3
Space Use Office
Condition Move-in Ready

Additional Details

Flexible Term Yes
Highway Access Yes

Taxes and HOA fees

Annual Taxes $41,315

Amenities

common-area restrooms

Building Details

Building Size 2,500 SF
Year Built 1986
Listing Agency: Lillian Montalto Signature Properties
Listed By: Team Lillian Montalto
Source: 413realestate
Added: Aug 26 Changed: Aug 31 Last Checked: Aug 31 at 12:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lillian Montalto Signature Properties

Investment Insights

Based on property information with market context.

This 2,500-square-foot third-floor office suite at 1 Olde North Road, Unit 302-303, provides a practical professional layout with a reception area and several private offices. The 1986 office building is served by an elevator, and common-area restrooms are positioned outside the suite. On-site parking accommodates employees and visitors.

The property sits immediately off Route 3 at Exit 84/Drum Hill, with visibility from the highway and reported daily traffic of approximately 108,000 vehicles. Access to I-495, Lowell, the Merrimack Valley, Nashua, and southern New Hampshire supports regional commuting. Lease terms are structured around rent plus utilities, with no NNN or CAM charges passed through to the tenant.

Key Highlights

  • 2,500‑square‑foot third‑floor office suite
  • Reception area plus multiple private offices
  • Elevator‑served 1986 office building

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby

Demographics for 01824, MA

26,881
Population
10,301
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
1,485
Density / Sq Mi
$141,337
Median Household Income
$75,753
Median Earnings
$2,076
Median Rent
$590,900
Median Home Value

Market

Lease Benchmarks for Chelmsford, MA

$33.45 /SF/Yr
Avg Asking Price
$18.24–$56.82 /SF/Yr
Price Range
8,352 SF
Avg Space Size

This space is priced 45% below the average of $33.45 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor professional workspace with reception, private offices, elevator access, and on-site parking.
Where is this office units located?
The property is located at 1 Olde North Rd #303-304 Chelmsford, MA.
What is the lease rate?
The lease rate is $3,800/Mo.
What are key features of this property?
This property features: 2,500‑square‑foot third‑floor office suite; Reception area plus multiple private offices; Elevator‑served 1986 office building
More about this property
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