Mixed-Use Industrial Warehouse
1190 Liberty Square Road Boxborough, MA 01719
1190 Liberty Square Road, Boxborough, MA, 01719
$2,300,000
For Sale
$2,300,000
Campus includes multiple warehouse spaces and onsite residential units, fully occupied with reported strong rental history.
Property Size8,245 SF
Price / SF$278.96
Days on Market469
Property Features for 1190 Liberty Square Road
General Information
- Standard status
- Active
- Size
- 8,245 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agency
The Attias Group,LLC
Listed by
The Zur Attias Team
(617) 236-0353
Source
Thecharlesrealty
Added: Apr 10, 2025 Updated: Jul 21 at 12:16PM Checked: Jul 21 at 12:16PM
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 The Attias Group,LLC
Investment Insights
Based on property information with market context.
This mixed-use property offers a combination of commercial warehouse space and residential units on a single campus. The offering includes one multi-level apartment, an office space, and a single-family home with four bedrooms, along with five large commercial warehouse spaces.
The property is described as being conveniently located close to Routes 2 and 495 and a commuter train station. The campus also provides plenty of parking for tenants and visitors, and features a newer septic system. Some housekeeping items could be completed, and the property is reported as fully occupied with strong rental history.
Overall, the configuration supports an investor or owner-operator seeking both warehouse operations and rental income within the same property footprint.
The property is described as being conveniently located close to Routes 2 and 495 and a commuter train station. The campus also provides plenty of parking for tenants and visitors, and features a newer septic system. Some housekeeping items could be completed, and the property is reported as fully occupied with strong rental history.
Overall, the configuration supports an investor or owner-operator seeking both warehouse operations and rental income within the same property footprint.
Key Highlights
- Mixed‑use campus with 2 residential units and 5 commercial warehouse spaces, fully occupied
- Reported strong rental history with income‑producing residential and warehouse tenants
- Multiple‑level dramatic apartment plus an office space and a single‑family house with 4 bedrooms
Local Financial Insights For Warehouse
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 | $132.6k | $16.08 |
| − Vacancy | −$7.3k | −$0.88 |
| EGI | $125.3k | $15.20 |
| − OpEx | −$18.8k | −$2.28 |
| NOI | $106.5k | $12.92 |
8,245 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.74M
$3.27M – $4.36M
NOI $261,617 @ 7.0% cap · market cap 11.37%
Second Best
Warehouse
$1.52M
$1.33M – $1.77M
NOI $106,495 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$4.88M
$4.27M – $5.69M
NOI $341,671 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Campus includes multiple warehouse spaces and onsite residential units, fully occupied with reported strong rental history.
Where is this flex space located?
The property is located at 1190 Liberty Square Road Boxborough, MA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Mixed‑use campus with 2 residential units and 5 commercial warehouse spaces, fully occupied; Reported strong rental history with income‑producing residential and warehouse tenants; Multiple‑level dramatic apartment plus an office space and a single‑family house with 4 bedrooms
