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Luxury Mill Conversion Apartment
For Lease
$2,100/Mo

45 Summer Unit 102, Leominster, MA 01453

Unit 102 offers an open entertaining layout, two bedrooms, and a private balcony in a converted historic mill building.

Property Size831 SF
Days on Market22

Property Features for 45 Summer Unit 102

General Information

Standard status Active
Size 831 SF
Property subtype Apartment
Lease Type /mo

Amenities

fitness center
roofdeck
package room
elevator
security
off-street parking
in-unit washer and dryer
private balcony

Building Details

Year Built 1900
Year Renovated 2020
Construction mill
Listing Agency: Dan Botwinik
Listed By: Jordan Healy
Source: Lockandkeyre
Added: Jul 9 Changed: Jul 26 Last Checked: Jul 30 at 5:28AM

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 Dan Botwinik

Investment Insights

Based on property information with market context.

The Toy Factory Apartments are housed in a historic mill building converted to luxury apartments in 2020. This unit offers an open concept entertaining space off the kitchen, two large bedrooms, and a private 16' balcony, along with in-unit washer and dryer, tiled bathrooms, and granite/SS finishes.

The building includes a fitness center, an enormous roof deck, a package room, an elevator, and security, with plenty of off-street parking. Located on a quiet street just off City Center in Leominster, the property is designed for comfortable everyday living in a character-preserving, modernized setting.

Key Highlights

  • Historic mill building conversion completed in 2020 (45 Summer St, Leominster)
  • Unit 102 features an open‑concept entertaining layout off the kitchen
  • Unit 102 includes 2 bedrooms and a private 16' balcony

Property Analytics

Current Use

Dr. Teresa W. ... Physician Dr. Richard G. ... Physician Sarah K. Seagrave, ... Counselor Silvia C. Franco, ... Counselor Toy Factory Apartments Apartment Building

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Plumbing Service Home Appliance Store Veterinary Clinic

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
$4.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,302
Businesses Nearby

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

Lease Benchmarks for Leominster, MA

$28.51 /SF/Yr
Avg Asking Price
$26.12–$32.43 /SF/Yr
Price Range
842 SF
Avg Space Size

This space is priced 6% above the average of $28.51 /SF/Yr.

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Unit 102 offers an open entertaining layout, two bedrooms, and a private balcony in a converted historic mill building.
Where is this apartment building located?
The property is located at 45 Summer Unit 102 Leominster, MA.
What is the lease rate?
The lease rate is $2,100 /Mo.
What are key features of this property?
This property features: Historic mill building conversion completed in 2020 (45 Summer St, Leominster); Unit 102 features an open‑concept entertaining layout off the kitchen; Unit 102 includes 2 bedrooms and a private 16' balcony
More about this property
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