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Vacant Medical Office Building
For Sale
$550,000

41-43 Lennon St, Gardner, MA 01440

Vacant former doctors office with flexible layout options for up to four units and a large two-level parking lot.

Property Size4,041 SF
Price / SF$136.10
Days on Market533

Property Features for 41-43 Lennon St

General Information

Standard status Active
Size 4,041 SF
Property subtype Commercial
Zoning R1
Net Operating Income $32,857

Additional Details

Highway Access Yes
Office Units 4

Taxes and HOA fees

Annual Taxes $4,104

Building Details

Building Size 4,041 SF
Year Built 1969
Listing Agency: EXIT Premier Real Estate
Listed By: Chris Bernier
Source: Churchillprop
Added: Mar 27, 2025 Changed: Sep 9 Last Checked: Sep 10 at 6:24AM

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 EXIT Premier Real Estate

Investment Insights

Based on property information with market context.

41-43 Lennon Street is a vacant former doctors office building offering ample space for an owner-user or an investor. The property is set up to be kept in its current configuration or reconfigured to create up to four units, giving flexibility for a variety of office and medical uses. With the ability to design space to fit your business or future tenants, the building can accommodate both straightforward occupancy and interior repurposing.

The property is positioned to serve businesses looking to be close to downtown Gardner and also to facilitate convenient access to the highway. A large, two-level parking lot is available onsite, supporting customer and tenant parking needs and helping make the property practical for daily operations.

For tenants or buyers seeking a controlled, design-forward office environment, the layout flexibility and multi-unit potential can support different leasing strategies, depending on how the space is configured. The existing office history may also be useful for buyers looking to retain familiar interior characteristics while customizing the space for their intended users. Showings are available for buyers and brokers who want to evaluate the current layout and the feasibility of creating up to four units.

Key Highlights

  • Vacant former doctors office building built in 1969 in Gardner
  • Flexible layout options to keep the current layout or reconfigure for up to 4 units
  • Two‑level parking lot provides parking space for customers and tenants

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Bakery Garden Center Daycare Center HVAC Service

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

4
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 01440, MA

21,577
Population
9,600
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
88%
High-School Grad
24.5 sq mi
ZIP Area
881
Density / Sq Mi
$63,526
Median Household Income
$43,737
Median Earnings
$1,071
Median Rent
$270,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office units - Vacant former doctors office with flexible layout options for up to four units and a large two-level parking lot.
Where is this office units located?
The property is located at 41-43 Lennon St Gardner, MA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Vacant former doctors office building built in 1969 in Gardner; Flexible layout options to keep the current layout or reconfigure for up to 4 units; Two‑level parking lot provides parking space for customers and tenants
More about this property
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