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Renovated Warehouse and Flex Space
For Lease
$2,500/Mo

37 Franklin Street, Leominster, MA 01453

Recently renovated space is ready for warehouse or wood shop use and can be built out for office.

Space SizeContact for details
Property Size2,800 SF
Days on Market49

Property Features for 37 Franklin Street

General Information

Standard status Active
Size 2,800 SF
Zoning RB, BB, UCO, Legal Non-Conforming
Lease Type Gross

Building Details

Building Size 2,800 SF
Year Built 1940
Listing Agency: Whitney Realty
Listed By: Nicole Ferguson
Source: Janicemitchellre
Added: Jul 9 Changed: Aug 24 Last Checked: Aug 25 at 8:21AM

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.

This recently renovated building offers space that can be used as a warehouse or wood shop, with the flexibility to be built out as office space. Tenant is responsible for electric and gas.

The property is conveniently located just outside downtown Leominster, with modest walk and transit scores and a bike score indicating it is somewhat bikeable.

The space is available for rent and is suited for users looking for a renovated industrial/flex configuration that can accommodate light industrial or office needs depending on the build-out.

Key Highlights

  • Year built 1940 building with recently renovated space
  • Space is ready for warehouse or wood shop use
  • Space can be built out as office space

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

Location Intelligence

Trade Area within ½ mile

1,200
Businesses Nearby
Balanced
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
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Frequently Asked Questions

What type of property is this?
Warehouse - Recently renovated space is ready for warehouse or wood shop use and can be built out for office.
Where is this warehouse located?
The property is located at 37 Franklin Street Leominster, MA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Year built 1940 building with recently renovated space; Space is ready for warehouse or wood shop use; Space can be built out as office space
More about this property
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