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Renovated Flex Space
For Lease
$2,500/Mo

37 Franklin St, Leominster, MA 01453

Commercial space supports warehouse, wood shop, or office build-out near downtown Leominster.

Space SizeContact for details
Days on Market51

Property Features for 37 Franklin St

General Information

Standard status Active

Building Details

Year Built 1940
Listing Agency: Whitney Realty
Listed By: Nicole Ferguson
Source: Lyvrealty
Added: Jul 11 Changed: Aug 29 Last Checked: Aug 25 at 5:06AM

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 Whitney Realty

Investment Insights

Based on property information with market context.

Renovated flex space at 37 Franklin Street offers 2800 square feet for warehouse or wood shop use. The existing configuration is ready for those functions, while the property can also be built out for office space.

The building is located just outside downtown Leominster and was constructed in 1940. Zoning designations are RB, BB, and UCO. The tenant is responsible for electric and gas service.

Key Highlights

  • 2800 square feet of flex space
  • Recently renovated building suitable for warehouse or wood shop use
  • Office build‑out is permitted as a potential configuration

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Plumbing Service Locksmith Tech Support 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

NNN (Triple Net)
Lease Type
$1.61 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,200
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01453, MA

43,752
Population
18,895
Households
2.3
Avg Household Size
41
Median Age
32%
College-Educated
90%
High-School Grad
26.4 sq mi
ZIP Area
1,657
Density / Sq Mi
$82,098
Median Household Income
$52,247
Median Earnings
$1,282
Median Rent
$345,900
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial space supports warehouse, wood shop, or office build-out near downtown Leominster.
Where is this flex space located?
The property is located at 37 Franklin St Leominster, MA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 2800 square feet of flex space; Recently renovated building suitable for warehouse or wood shop use; Office build‑out is permitted as a potential configuration
More about this property
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