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    890 East St Tewksbury, MA 01876

    Sponsored
    For Lease
    $18 SF/Yr

    First-floor office, I-93 access, 5,890+ SF

    Lot size:
    60,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional professional office space, totaling over 5,890 square feet, is ideally situated on the first floor of a well-maintained building. The property boasts convenient access to I-93, ensuring effortless commutes for employees and clients. The building itself is a Class B office structure, originally constructed in 1967 and extensively renovated in 2007, reflecting a commitment to modern functionality and aesthetics. The entire building encompasses a substantial 60,060 square feet, situated on a generous 9.08-acre lot. Ample parking is provided with 127 spaces available for tenants and visitors. The building is equipped with elevators for convenient access to all floors. The property is zoned IH, reflecting its suitability for a variety of professional uses. This is a multi-tenant building, offering a vibrant and collaborative work environment. The space is immediately available, presenting a unique opportunity for businesses seeking a well-located, updated, and spacious office environment in Middlesex County. The property's size and amenities make it suitable for a range of professional enterprises. This is a rare opportunity to secure a prominent location with excellent accessibility and ample parking.

    Property Features for 890 East St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,060 SF
    Class
    B
    Total Rate
    90090

    Building Details

    Year Built/Renovated
    1967/2007

    Unit(s) available at that property

    Space
    1st floor
    Size
    5,890 SF
    Rate per SF
    $18

    HighLights

    • Professional office space totaling 5,890 square feet on the first floor.
    • 60,060 square foot Class B office building on a 9.08‑acre lot in Middlesex County.
    • Building features 127 parking spaces and elevators.
    • Built in 1967, renovated in 2007.
    • IH zoning.
    • Multiple tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    JAFCO Foods, Inc. Food Sabre Transportation Systems Transportation Service Compass Packaging International Logistics Service New England Home ... Diabetes Equipment Supplier Incompass Human Services ... Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness Auto Parts Store Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tewksbury
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1956294
    Latitude
    42.6186015

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    FAQs

    What type of property is this?
    Office Property / Space - First-floor office, I-93 access, 5,890+ SF
    Where is this office property / space located?
    The property is located at 890 East St Tewksbury, MA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Professional office space totaling 5,890 square feet on the first floor.; 60,060 square foot Class B office building on a 9.08-acre lot in Middlesex County.; Building features 127 parking spaces and elevators.
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    890 East St Tewksbury, MA 01876
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    890 East St Tewksbury, MA 01876
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