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Office Unit in Restored Mill
For Lease
$14 SF/Yr

2 Shaker Rd #B101, Shirley, MA 01464

Office space within a restored mill complex on an established business campus with a broad commercial community.

Space Size200 SF - 6,980 SF
Lot Size56.00 Acres
Days on Market49

Property Features for 2 Shaker Rd #B101

General Information

Standard status Active
Size 200 SF - 6,980 SF
Net Rentable 200 SF
Lot size 56.00 Acres

Space & Availability

Available Space 200-6,980 SF
Divisible Yes
Space Use Office

Building Details

Building Size 200 SF
Year Built 1890
Tenancy Multi
Listing Agency: The Lexvest Group
Listed By: Charles Detwiller
Source: 413realestate
Added: Jul 13 Changed: Aug 29 Last Checked: Aug 30 at 1:34PM

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 Lexvest Group

Investment Insights

Based on property information with market context.

This 200-square-foot office unit is located within a restored mill complex that combines historic building character with contemporary business functionality. The suite may be combined with unit B001 to create 6,980 square feet of contiguous space. Utilities are separate from base rent and CAM charges.

Phoenix Park occupies a 56-acre campus in Shirley, Massachusetts, within Central Massachusetts. The property includes a 300,000-square-foot mill complex and is home to more than 70 companies serving the surrounding area and beyond. The broader campus accommodates office and light industrial manufacturing uses, providing a varied commercial setting for occupants.

Key Highlights

  • 200 SF office unit at 2 Shaker Rd, #B101
  • Can combine with B001 for a total of 6,980 RSF
  • Located within a 300,000 SF restored mill complex

Property Analytics

Current Use

Solid State Construction Roofing Company Closets by Design ... Construction Company AlphaGraphics Shirley (Bike/Boat/Book/etc) Store Hot Tubes Painting Service Stryker Corporation Industrial Manufacturer

Suggested Use

Top Pick HVAC Service Real Estate Agency Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store Spa & Massage Center

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
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 01464, MA

7,427
Population
2,512
Households
3
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
15.1 sq mi
ZIP Area
492
Density / Sq Mi
$121,875
Median Household Income
$73,721
Median Earnings
$1,189
Median Rent
$412,700
Median Home Value

Market

Lease Benchmarks for Shirley, MA

$16.33 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
34,541 SF
Avg Space Size

This space is priced 14% below the average of $16.33 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space within a restored mill complex on an established business campus with a broad commercial community.
Where is this office units located?
The property is located at 2 Shaker Rd #B101 Shirley, MA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 200 SF office unit at 2 Shaker Rd, #B101; Can combine with B001 for a total of 6,980 RSF; Located within a 300,000 SF restored mill complex
More about this property
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