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

Two-story building with handicap access, elevator, flex space on the first floor, and renovated office space above.

Property Size32,000 SF
Days on Market816

Property Features for 155 Otis St

General Information

Standard status Active
Size 32,000 SF
Elevators Yes
Property subtype OFFICE

Additional Details

Office Build-Out 16,396 SF

Amenities

handicap accessible
ramp
roll-up door

Building Details

Buildings 1
Stories 2
Building Size 32,000 SF
Listing Agency: NAI | Parsons Commercial Group - Boston
Listed By: Victor Galvani · License #9083291
Source: Moodyscre
Added: May 6, 2024 Changed: Jul 29 Last Checked: Jul 29 at 10:26PM

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.

155 Otis St is a two-story flex and office building totaling 32,000 SF. The first floor includes 1,759 SF of flex space available for lease. The second floor offers 16,396 SF of built-out and renovated office space also available for lease.

The property is handicap accessible, with one elevator inside and a ramp in the back of the building. It also includes one roll-up door available for use.

The building’s layout supports a combination of flexible first-floor space and more traditional office space on the second floor, with both areas presented for lease.

Key Highlights

  • Total building size: 32,000 SF across two stories
  • First floor offers 1,759 SF of flex space for lease
  • Second floor offers 16,396 SF of renovated 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.

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 with handicap access, elevator, flex space on the first floor, and renovated office space above.
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: Total building size: 32,000 SF across two stories; First floor offers 1,759 SF of flex space for lease; Second floor offers 16,396 SF of renovated office space for lease
(508) 479-3287 Call to check price and availability
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