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    3 Lancaster Ave Lunenburg, MA 01462

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    For Lease
    $1,200 /Mo ($36 SF/Yr)

    Renovated 400 SF office space in downtown Lunenburg.

    Property size:
    400 SF
    Lot size:
    0.36 Acres

    Property Features for 3 Lancaster Ave

    General Information

    Size
    400 SF
    Lot size
    0.36 Acres

    Source: Coldwell Banker Realty | Leominster Agent Lynn Walsh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Lunenburg Renovated Office Space

    This office space, situated in downtown Lunenburg Village Center, provides a suitable location for business operations. The renovated space offers 400 square feet of area. Heat and air conditioning are included. A shared conference room is available. The location is near major routes, shopping, and stores.
    Insight Report Location Intelligence

    Current Use by Public Records

    One Family Insurance Insurance Agency IDL Tax Services Tax Preparation Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lunenburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7241453
    Latitude
    42.5951273

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    FAQs

    What type of property is this?
    Office space - Renovated 400 SF office space in downtown Lunenburg.
    Where is this office space located?
    The property is located at 3 Lancaster Ave Lunenburg, MA.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in downtown Lunenburg Village Center.; - 400 square feet of renovated office space.; - Heat and air conditioning included.
    (978) 514-2903
    Request Owner's contact information
    3 Lancaster Ave Lunenburg, MA 01462
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    Lunenburg, MA 01462
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Lancaster Ave Lunenburg, MA 01462
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