Mixed-Use Property with Loading
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For Sale
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259 South Main, Middleton, MA 01949
Warehouse, office, and customer-facing areas share a layout that can be divided for different space requirements.
Property Size11,000 SF
Days on Market3
Property Features for 259 South Main
General Information
Standard status
Active
Size
11,000 SF
Property subtype
Commercial
Warehouse & Industrial
Dock-High Doors
1
Drive-In Doors
2
Additional Details
Road Access
Yes
Building Details
Year Built
1967
Building Size
11,000 SF
Listing Agency:
Five Mark Realty Group LLC
(978) 539-7335
Listed By:
Brian Reardon
(978) 626-2984
Source:
Lockandkeyre
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:19AM
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 Five Mark Realty Group LLC
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Investment Insights
Based on property information with market context.
This 11,000-square-foot mixed-use property combines warehouse areas with finished offices and a retail/showroom component. Two drive-in doors and a smaller loading dock door support access for goods and deliveries. The existing space can also be subdivided. Built in 1967, the property is located along Route 114 in Middleton, Massachusetts, with frontage on the commercial corridor and nearby national and local retailers.
Key Highlights
- 11,000‑square‑foot mixed‑use property with warehouse, office, and retail/showroom areas
- Two drive‑in doors and one smaller loading dock door
- Space can be subdivided
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,079
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,841,580
$2.8M
Cap Rate 7%
$2,029,700
$2.0M
Cap Rate 9%
$1,578,656
$1.6M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$176.9K $16.08/SF
− Vacancy
−$9.7K −$0.88/SF
EGI
$167.2K $15.20/SF
− OpEx
−$25.1K −$2.28/SF
NOI
$142.1K $12.92/SF
Area
Essex County, MA
Vacancy
5.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,841,580
Cap Rate 7%
$2,029,700
Cap Rate 9%
$1,578,656
Alternative Uses
Best Use
Mixed Use
$3.18M
$2.78M – $3.71M
NOI $222,750 @ 7.0% cap · market cap 22,275,000.00%
Second Best
Retail
$2.58M
$2.26M – $3.01M
NOI $180,734 @ 7.0% cap · market cap 18,073,400.00%
Theoretical Best
Office A
$6.51M
$5.70M – $7.60M
NOI $455,837 @ 7.0% cap · market cap 45,583,700.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
2
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Explore this area
Business Placement
Demographics for 01949, MA
9,779
Population
3,450
Households
2.8
Avg Household Size
44
Median Age
42%
College-Educated
91%
High-School Grad
13.4 sq mi
ZIP Area
730
Density / Sq Mi
$171,458
Median Household Income
$66,028
Median Earnings
$1,621
Median Rent
$713,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Warehouse, office, and customer-facing areas share a layout that can be divided for different space requirements.
Where is this mixed-use property located?
The property is located at 259 South Main Middleton, MA.
What are key features of this property?
This property features: 11,000‑square‑foot mixed‑use property with warehouse, office, and retail/showroom areas; Two drive‑in doors and one smaller loading dock door; Space can be subdivided
