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Two-Story Flex and Office Building
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155 Otis St, Northborough, MA 01532

Two-story building offering first-floor flex space and second-floor renovated office space with elevator and roll-up door.

Property Size16,396 SF
Days on Market878

Property Features for 155 Otis St

General Information

Standard status Active
Size 16,396 SF
Total Parking Spaces 50
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

loading dock
elevator
ramp
roll-up door

Building Details

Stories 2
Tenancy Multi
Listing Agency: NAI | Parsons Commercial Group - Boston
Listed By: Victor Galvani · License #9083291
Source: Moodyscre
Added: Mar 4, 2024 Changed: Jul 27 Last Checked: Jul 29 at 12:11PM

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 NAI | Parsons Commercial Group - Boston

Investment Insights

Based on property information with market context.

This two-story building totals 32,000 SF and provides two distinct leasing areas. The first floor includes 1,759 SF of flex space, while the second floor offers 16,396 SF of renovated office space. The building is handicap accessible with an interior elevator and a rear ramp, and it includes loading capability, one roll-up door, and on-site parking for approximately 50 vehicles.

The property is centrally located with close proximity to I-495, I-290, and I-90 (Mass Pike), supporting convenient regional access. The building also sits near a variety of amenities.

The space mix is well-suited for organizations that want both flexible ground-floor space and professionally finished office space in the same building.

Key Highlights

  • Two‑story building totaling 32,000 SF with first‑floor flex space and second‑floor office space for lease
  • First floor includes 1,759 SF of flex space available for lease
  • Second floor offers 16,396 SF of renovated, built‑out office space for lease

Property Analytics

Current Use

Amrit Sabha Adult ... Adult Day Care ReMax First Choice: ... Real Estate Agency Shri Radha Krishna ... Temple Bertucci's Corporation Restaurant Eastern Insurance Group ... Insurance Agency

Suggested Use

Top Pick HVAC Service Garden Center Real Estate Agency (Bike/Boat/Book/etc) Store Bakery Accounting Firm

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01532, MA

15,741
Population
5,913
Households
2.7
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
18.5 sq mi
ZIP Area
851
Density / Sq Mi
$174,358
Median Household Income
$90,816
Median Earnings
$2,087
Median Rent
$598,500
Median Home Value

Market

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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Similar Off Market Nearby

  • Wegmans Catering — 9102 Shops Way, Northborough, MA 01532

Frequently Asked Questions

What type of property is this?
Flex space - Two-story building offering first-floor flex space and second-floor renovated office space with elevator and roll-up door.
Where is this flex space located?
The property is located at 155 Otis St Northborough, MA.
What are key features of this property?
This property features: Two‑story building totaling 32,000 SF with first‑floor flex space and second‑floor office space for lease; First floor includes 1,759 SF of flex space available for lease; Second floor offers 16,396 SF of renovated, built‑out office space for lease
(508) 479-3287 Call to check price and availability
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