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Flex Space in Restored Mill
For Lease
$16 SF/Yr

2 Shaker Rd D102, Shirley, MA 01464

Commercial space within a historic Massachusetts mill campus with office and light industrial capabilities.

Space Size200 SF
Property Size300,000 SF
Lot Size56.00 Acres
Days on Market41

Property Features for 2 Shaker Rd D102

General Information

Standard status Active
Size 200 SF
Net Rentable 200 SF
Lot size 56.00 Acres
Lease Type Modified Gross

Space & Availability

Available Space 200 SF
Divisible Yes
Space Use Office

Additional Details

Utilities to Site Yes

Building Details

Year Built 1890
Building Size 300,000 SF
Construction mill
Tenancy Multi
Listing Agency: The Lexvest Group
Listed By: Charles Detwiller
Source: Lyvrealty
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 30 at 8:25PM

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.

Flex space is available within a restored mill complex at Phoenix Park, a 300,000 SF property originally built in 1890. The campus supports a range of commercial formats, including office space and light industrial manufacturing uses, with availability beginning at 200 SF.

The property occupies a 56-acre campus at 2 Shaker Rd in Shirley, Massachusetts. Phoenix Park is home to more than 70 companies serving the local area and broader markets, creating an established business setting that combines historic mill character with contemporary technology-oriented operations.

Key Highlights

  • Flex space within a restored 300,000 SF mill complex
  • Campus spans 56 acres in Shirley, Massachusetts
  • Space availability starts at 200 SF

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
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby
Balanced
Demand for This Use

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

$13.25 /SF/Yr
Avg Asking Price
$10–$16 /SF/Yr
Price Range
77,106 SF
Avg Space Size

This space is priced 21% above the average of $13.25 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial space within a historic Massachusetts mill campus with office and light industrial capabilities.
Where is this flex space located?
The property is located at 2 Shaker Rd D102 Shirley, MA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Flex space within a restored 300,000 SF mill complex; Campus spans 56 acres in Shirley, Massachusetts; Space availability starts at 200 SF
More about this property
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