Two-Story Flex
3 North Maple St, Woburn, MA 01801
For Sale
New
$4,200,000
A flexible layout combines office space upstairs with warehouse and storage areas on the ground floor.
Property Size1,984 SF
Lot Size0.81 Acres
Price / SF$254.48
Days on Market4
Property Features for 3 North Maple St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Zoning
Lease Term
Warehouse & Industrial
Clear Height
Dock-High Doors
Additional Details
Highway Access
Property Use
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Carbone Commercial Real Estate, Inc.
Listed By:
Edward Carbone · License #9015680
(781) 935-5444
Source:
Iverty
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 2:33AM
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 Carbone Commercial Real Estate, Inc.
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Investment Insights
Based on property information with market context.
At 3 North Maple St in Woburn, this freestanding flex property contains approximately 16,504 square feet across two floors on 0.81 acres. Its current configuration is about 30% office and 70% warehouse or storage, with office space on the second level and warehouse and storage on the first. The building was constructed in 1984.
Four loading doors serve the first floor, which has approximately 11'9" of clear ceiling height. On-site parking accommodates approximately 40 vehicles. The property is zoned Industrial Park (IP) and has convenient access to I-95 and I-93.
Four loading doors serve the first floor, which has approximately 11'9" of clear ceiling height. On-site parking accommodates approximately 40 vehicles. The property is zoned Industrial Park (IP) and has convenient access to I-95 and I-93.
Key Highlights
- 16,504 square feet on 0.81 acres
- Two‑story building with approximately 30% office and 70% warehouse/storage
- Four first‑floor loading doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$215,426
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,308,520
$4.3M
Cap Rate 7%
$3,077,514
$3.1M
Cap Rate 9%
$2,393,622
$2.4M
Market Conditions
NOI Build-Up for 16,504 SF
Gross rent
$265.4K $16.08/SF
− Vacancy
−$11.9K −$0.72/SF
EGI
$253.4K $15.36/SF
− OpEx
−$38.0K −$2.30/SF
NOI
$215.4K $13.05/SF
Area
Middlesex County, MA
Vacancy
4.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,308,520
Cap Rate 7%
$3,077,514
Cap Rate 9%
$2,393,622
Alternative Uses
Best Use
Warehouse
$3.08M
$2.69M – $3.59M
NOI $215,426 @ 7.0% cap · market cap 5.13%
Second Best
Industrial
$2.52M
$2.21M – $2.94M
NOI $176,481 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$9.77M
$8.55M – $11.40M
NOI $683,922 @ 7.0% cap · market cap 16.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
11 ft
Clear height
4
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01801, MA
40,891
Population
16,982
Households
2.4
Avg Household Size
41
Median Age
47%
College-Educated
94%
High-School Grad
12.7 sq mi
ZIP Area
3,220
Density / Sq Mi
$107,754
Median Household Income
$60,637
Median Earnings
$2,190
Median Rent
$641,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Middlesex County, MA
Properties on Market for Flex space in Middlesex County
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Olive Green — 2 Gill St l, Woburn, MA 01801
- Hostess Catering — 2 Gill St, Woburn, MA 01801
- Joseph's Industrial Catering — 30 Torrice Dr #1, Woburn, MA 01801
Frequently Asked Questions
What type of property is this?
Flex space - A flexible layout combines office space upstairs with warehouse and storage areas on the ground floor.
Where is this flex space located?
The property is located at 3 North Maple St Woburn, MA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 16,504 square feet on 0.81 acres; Two‑story building with approximately 30% office and 70% warehouse/storage; Four first‑floor loading doors
