New Construction Flex
For Sale
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32 Greeley Street, Clinton, MA 01510
Brand-new flex/retail/medical/showroom space with 18-foot ceilings and large windows near Clinton Hospital.
Property Size1,960 SF
Price / SF$0.01
Days on Market106
Property Features for 32 Greeley Street
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Commercial
Additional Details
Clear Height
18 ft
Building Details
Year Built
2026
Listing Agency:
Kelleher and Sadowsky Associates, Inc.
(508) 755-0707
Listed By:
Evan Koogler
(774) 275-7221
Source:
Lockandkeyre
Added: Jul 7
Changed: Oct 19
Last Checked: Oct 19 at 10:16AM
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 Kelleher and Sadowsky Associates, Inc.
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Investment Insights
Based on property information with market context.
Be among the first occupants of this brand-new construction commercial space, designed with an open, flexible layout. The space features impressive 18-foot ceilings and large windows that bring in abundant natural light, supporting a bright, adaptable interior suited to a range of business needs, including retail, medical, showroom, office, studio, or light commercial uses. A key benefit of the offering is the ability to customize the layout to fit your operation.
Located at 32 Greeley Street in Clinton, MA, the property is just minutes from downtown Clinton and less than a quarter mile from Clinton Hospital, supporting convenient access for employees and visitors. Visibility and accessibility are further enhanced by the windowed façade and open interior configuration.
Automotive uses are not included.
Located at 32 Greeley Street in Clinton, MA, the property is just minutes from downtown Clinton and less than a quarter mile from Clinton Hospital, supporting convenient access for employees and visitors. Visibility and accessibility are further enhanced by the windowed façade and open interior configuration.
Automotive uses are not included.
Key Highlights
- Brand‑new construction commercial space with 1,960± SF and 18‑foot ceilings
- Open, flexible layout suitable for retail, medical, showroom, office, studio, or light commercial use
- Large windows for abundant natural light throughout the interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,892
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,840
$357.8K
Cap Rate 7%
$255,600
$255.6K
Cap Rate 9%
$198,800
$198.8K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$27.0K $13.80/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$25.6K $13.04/SF
− OpEx
−$7.7K −$3.91/SF
NOI
$17.9K $9.13/SF
Area
Worcester County, MA
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,840
Cap Rate 7%
$255,600
Cap Rate 9%
$198,800
Alternative Uses
Best Use
Office B
$510.3K
$446.5K – $595.4K
NOI $35,721 @ 7.0% cap · market cap 178,605.00%
Second Best
Healthcare Medical
$391.6K
$342.7K – $456.9K
NOI $27,413 @ 7.0% cap · market cap 137,065.00%
Theoretical Best
Office A
$669.3K
$585.7K – $780.9K
NOI $46,852 @ 7.0% cap · market cap 234,260.00%
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
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01510, MA
15,428
Population
7,017
Households
2.2
Avg Household Size
39
Median Age
35%
College-Educated
91%
High-School Grad
5.7 sq mi
ZIP Area
2,707
Density / Sq Mi
$93,849
Median Household Income
$49,815
Median Earnings
$1,353
Median Rent
$348,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Brand-new flex/retail/medical/showroom space with 18-foot ceilings and large windows near Clinton Hospital.
Where is this flex space located?
The property is located at 32 Greeley Street Clinton, MA.
What are key features of this property?
This property features: Brand‑new construction commercial space with 1,960± SF and 18‑foot ceilings; Open, flexible layout suitable for retail, medical, showroom, office, studio, or light commercial use; Large windows for abundant natural light throughout the interior
