Industrial Manufacturing Facility with Silo
50 June Street Leominster Leominster, MA 01453
50 June Street Leominster, Leominster, MA, 01453
$4,250,000
For Sale
$4,250,000
Modern industrial space with multiple loading points, drive-in access, and high ceilings plus material silos for flexible operations.
Property Size28,000 SF
Price / SF$151.79
Days on Market18
Property Features for 50 June Street Leominster
General Information
- Standard status
- Active
- Size
- 28,000 SF
Building Details
- Year Built
- 1996
Listing agency
(508) 643-8166
Listed by
Sharon Lucido
(508) 643-8166
Source
Bournetosellrealestate
Added: Jul 4 Updated: Jul 6 at 4:38PM Checked: Jul 21 at 3:33AM
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 Sharon Lucido
Investment Insights
Based on property information with market context.
This industrial/manufacturing facility totals approximately 28,000 square feet and combines an original late-1990s building with a newly constructed 75' x 155' addition. The connected layout is open and designed to be customized for a range of operational needs. The addition includes four ADA-compliant restrooms, while ceiling heights vary across the facility, with 22 to 27 feet in the original building and 18 to 21 feet in the new addition. Site and operational improvements include one 10' x 14' drive-in door, five loading docks, and robust 480V three-phase power with a 2,000-amp service. The property also features two large material silos and ample on-site parking with 29 spaces.
Located in business-friendly Leominster, the facility offers convenient access to Route 2 and Route 190, with both described as just minutes away. The property’s setup supports straightforward logistics with multiple dock positions and drive-in capability.
As a move-in-ready option for owner-users or investors, the combination of high clearances, power capacity, and loading infrastructure can accommodate a variety of industrial and light manufacturing uses. The integrated addition and restroom improvements support day-to-day operations and personnel needs, while the existing silo storage adds functionality for processes that require bulk material handling.
Located in business-friendly Leominster, the facility offers convenient access to Route 2 and Route 190, with both described as just minutes away. The property’s setup supports straightforward logistics with multiple dock positions and drive-in capability.
As a move-in-ready option for owner-users or investors, the combination of high clearances, power capacity, and loading infrastructure can accommodate a variety of industrial and light manufacturing uses. The integrated addition and restroom improvements support day-to-day operations and personnel needs, while the existing silo storage adds functionality for processes that require bulk material handling.
Key Highlights
- Approximately 28,000 SF industrial/manufacturing space with an open‑layout design for operational flexibility
- New 75' x 155' addition includes four ADA‑compliant restrooms and connects to the original late‑1990s building
- Ceiling heights range from 18–21 ft in the new addition and 22–27 ft in the original building
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $386.4k | $13.80 |
| − Vacancy | −$21.3k | −$0.76 |
| EGI | $365.1k | $13.04 |
| − OpEx | −$109.5k | −$3.91 |
| NOI | $255.6k | $9.13 |
28,000 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.65M
$3.20M – $4.26M
NOI $255,604 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.56M
$8.37M – $11.16M
NOI $669,312 @ 7.0% cap · market cap 15.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - Modern industrial space with multiple loading points, drive-in access, and high ceilings plus material silos for flexible operations.
Where is this manufacturing property located?
The property is located at 50 June Street Leominster Leominster, MA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Approximately 28,000 SF industrial/manufacturing space with an open‑layout design for operational flexibility; New 75' x 155' addition includes four ADA‑compliant restrooms and connects to the original late‑1990s building; Ceiling heights range from 18–21 ft in the new addition and 22–27 ft in the original building
