Industrial Flex Property with
75 Walnut St. Fitchburg, MA 01420
75 Walnut St., Fitchburg, MA, 01420
$1,000,000
For Sale
$1,000,000
Two-building industrial flex setup with multiple garage doors and a range of ceiling heights for manufacturing and equipment use.
Property Size2,720 SF
Price / SF$367.65
Days on Market49
Property Features for 75 Walnut St.
General Information
- Standard status
- Active
- Size
- 2,720 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing Agency
LAER Realty Partners
Listed by
Michele Mathieu
Source
Classifiedrealtygroup
Added: Jun 2 Updated: Jul 10 at 3:59 pm Checked: Jul 20 at 1:43 am
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 LAER Realty Partners
Investment Insights
Based on property information with market context.
This for-sale industrial flex property consists of two buildings on one lot, totaling 10–11 rentable units. The main building includes multiple units with garage-door access, with ceiling heights ranging from 8 to 38 feet. Several units include 12 total garage doors (with 4 drive-in bays), and the property also provides office space along with one full bath and three half baths. Utilities are mostly separate between units to support streamlined tenant management. The second building is approximately 2,720 square feet and does not have 3-phase electrical service. Unit-level configurations include a double-wide garage, a front entrance garage with a rear exit, and an additional single-garage access unit.
Located at 75 Walnut St., Fitchburg, MA 01420, the property’s design supports operations that need frequent roll-up door access for equipment and storage. The garage-door-heavy unit mix is well suited to tenant setups that prioritize hands-on logistics and in-bay movement.
Because the buildings are configured with multiple units and broad garage access, the property can fit a variety of business models such as fabrication, light industrial operations, and heavy equipment use (based on the existing door and clearance characteristics). The available office space and mostly separate utilities further support mixed-tenant operations or an owner-operator approach where one unit is used while others are leased.
Located at 75 Walnut St., Fitchburg, MA 01420, the property’s design supports operations that need frequent roll-up door access for equipment and storage. The garage-door-heavy unit mix is well suited to tenant setups that prioritize hands-on logistics and in-bay movement.
Because the buildings are configured with multiple units and broad garage access, the property can fit a variety of business models such as fabrication, light industrial operations, and heavy equipment use (based on the existing door and clearance characteristics). The available office space and mostly separate utilities further support mixed-tenant operations or an owner-operator approach where one unit is used while others are leased.
Key Highlights
- Industrial property built in 1900 with two buildings on one lot
- Total of 10–11 rentable units, with nearly every unit (except the office) having 12 total garage doors
- 12 garage doors include 4 drive‑in bays for equipment and vehicle access
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.0k | $18.00 |
| − Vacancy | −$2.9k | −$1.08 |
| EGI | $46.0k | $16.92 |
| − OpEx | −$16.1k | −$5.92 |
| NOI | $29.9k | $11.00 |
2,720 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$427.4K
$373.9K – $498.6K
NOI $29,915 @ 7.0% cap · market cap 2.99%
Second Best
Industrial
$354.7K
$310.4K – $413.8K
NOI $24,830 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$928.8K
$812.7K – $1.08M
NOI $65,019 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Siponmaa Masonry Commercial
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Shirley Catering — 27 Pratt Rd, Fitchburg, MA 01420
- The Finicky Fork Catering Co. — 695 Main St Suite 2, Fitchburg, MA 01420
FAQs
What type of property is this?
Flex space - Two-building industrial flex setup with multiple garage doors and a range of ceiling heights for manufacturing and equipment use.
Where is this flex space located?
The property is located at 75 Walnut St. Fitchburg, MA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Industrial property built in 1900 with two buildings on one lot; Total of 10–11 rentable units, with nearly every unit (except the office) having 12 total garage doors; 12 garage doors include 4 drive‑in bays for equipment and vehicle access
