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    401 Elm St Marlborough, MA 01752

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    For Lease
    Contact for pricing

    135,000 SF Multi-Use Space, MA

    Lot size:
    134,648 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial property, located at 401 Elm Street in Marlborough, Massachusetts (01752), offers 134,648 square feet of versatile space ideal for manufacturing, flex, warehouse, or R&D operations. Situated on a 12.47-acre lot, this property boasts a range of features including 7 loading docks, 4 drive-in bays, and ample parking for 350 vehicles. The building, constructed in 1960 and renovated in 1988, features a 14-foot ceiling height and is equipped with 1,600 amp/480v 3-phase power. Two units are currently available. A 29,600 square foot unit is immediately available and is well-suited for light manufacturing or R&D, serviced by three loading docks. A larger 77,000 square foot unit will be available in December 2025. This space, currently used for vehicle servicing, offers significant potential for various uses including electronic manufacturing, wholesale operations, technology companies, and more, and is serviced by four loading docks and four drive-in bays. The property is zoned for light industrial use and benefits from its location in Middlesex County. Minimum divisible space is 29,600 square feet, with a maximum contiguous space of 77,000 square feet. The building includes elevators. A total of 106,600 square feet is currently vacant.

    Property Features for 401 Elm St

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    134,648 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1960/1988

    Unit(s) available at that property

    Space
    77,000sf unit
    Size
    77,000 SF
    Space
    29,600sf Unit
    Size
    29,600 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marlborough
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5738291
    Latitude
    42.3490833

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    FAQs

    What type of property is this?
    Life science property - 135,000 SF Multi-Use Space, MA
    Where is this life science property located?
    The property is located at 401 Elm St Marlborough, MA.
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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
    401 Elm St Marlborough, MA 01752
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