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Two-Story Flex Building
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397 Williams St, Marlborough, MA 01752

Remodeled two-story flex facility with new lobby, office buildout, and multiple loading docks.

Property Size130,000 SF
Price / SF$0.00
Days on Market1087

Property Features for 397 Williams St

General Information

Standard status Active
Size 130,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $206,766

Building Details

Building Size 130,000 SF
Year Built 1986
Stories 2
Listing Agency: Coldwell Banker Realty - Marblehead
Listed By: Chris Bernier
Source: Churchillprop
Added: Aug 30, 2023 Changed: Aug 19 Last Checked: Aug 20 at 4:28AM

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 Coldwell Banker Realty - Marblehead

Investment Insights

Based on property information with market context.

This two-story flex building totals 130,000 square feet and includes newly remodeled office space. The improvements feature a new lobby and a commercial-sized kitchen, supporting a mixed-use environment that can accommodate both workplace and light industrial operations. Multiple loading docks are available to support deliveries and service activity. In addition, the property can be retrofitted for lab tenants.

The property is located at 397 Williams St, Marlborough, MA 01752. It is offered for sale, presenting an owner-user or investor alternative for entities seeking a versatile facility that combines office and warehouse functionality.

For tenants or buyers needing adaptable space, the existing office buildout and dock-equipped layout provide a practical foundation for operations that require both staff and material handling. The ability to retrofit for lab use further expands the range of potential occupancies for qualified operators, subject to applicable requirements.

Key Highlights

  • Two‑story flex building totaling 130,000 SF (Year Built 1986)
  • Newly remodeled office space with a new lobby
  • Commercial‑sized kitchen included within the office buildout

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Hair Salon Pharmacy Parking Lot & Garage Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01752, MA

41,793
Population
17,370
Households
2.4
Avg Household Size
40
Median Age
41%
College-Educated
89%
High-School Grad
20.9 sq mi
ZIP Area
2,000
Density / Sq Mi
$95,047
Median Household Income
$49,012
Median Earnings
$1,721
Median Rent
$485,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Remodeled two-story flex facility with new lobby, office buildout, and multiple loading docks.
Where is this flex space located?
The property is located at 397 Williams St Marlborough, MA.
What are key features of this property?
This property features: Two‑story flex building totaling 130,000 SF (Year Built 1986); Newly remodeled office space with a new lobby; Commercial‑sized kitchen included within the office buildout
More about this property
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