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    22 Laurel St Leominster, MA 01453

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    For Sale
    $675,000

    6,700 SF Leominster industrial building with renovated office and manufacturing space.

    Lot size:
    0.30 Acres

    Property Features for 22 Laurel St

    General Information

    Lot size
    0.30 Acres

    Building Details

    Year built
    1920

    Source: Cameron Prestige, LLC Agent Leo Nikolouzos

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

    Overview

    Renovated Industrial Building Near Downtown

    This well-maintained and fully renovated industrial building is located minutes from downtown Leominster, with convenient access to major highways. The property offers 6,700 square feet of combined office and manufacturing space, suitable for a variety of commercial and industrial uses. The building includes 1,000 square feet of finished office space and 5,700 square feet of manufacturing space. It features a rubber roof approximately 14 years old and a full sprinkler system for safety compliance. The electrical service is 17,000 amp with 480V at the pole and 240V 3-phase power inside. Gas and air lines, a compressor, and a boiler approximately 8 years old are included. A loading dock and overhead door facilitate shipping and receiving. The property also has a security system and dedicated security room, along with a full basement for storage or expansion. This turnkey property is suitable for manufacturers, contractors, or businesses seeking a well-located and updated industrial facility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Landrau Scientific Innovations Pharmaceutical Lab

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7534049
    Latitude
    42.5249431

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    FAQs

    What type of property is this?
    Manufacturing property - 6,700 SF Leominster industrial building with renovated office and manufacturing space.
    Where is this manufacturing property located?
    The property is located at 22 Laurel St Leominster, MA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Fully renovated industrial building with **6,700 SF of combined office and manufacturing space.**; - Convenient location minutes from downtown Leominster with easy access to major highways.; - **High-capacity 17,000 amp electrical service** with 480V at the pole and 240V 3-phase power inside.
    (781) 808-7485
    Request Owner's contact information
    22 Laurel St Leominster, MA 01453
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    Leominster, MA 01453
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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
    22 Laurel St Leominster, MA 01453
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